Latest news with #WingspireEquipmentFinance
Business Wire
11 hours ago
- Business
- Business Wire
Wingspire Equipment Finance Powers Next-Gen GPU Deployment for AI Infrastructure Platform with a Capital Injection of Over $65 Million
TUSTIN, Calif.--(BUSINESS WIRE)--Wingspire Equipment Finance today announced the closing of an equipment finance transaction exceeding $65 million for a rapidly scaling artificial intelligence (AI) company. The funding allows the technology company to expand its high-performance computing environment with the latest cutting-edge GPUs built on Blackwell architecture. The new hardware will strengthen the client's capacity for developing and deploying machine learning (ML) models. This expanded computing power will compress development timelines and enable the delivery of higher-performance AI solutions to customers worldwide. "Securing the funding as a single transaction, which exceeded $65 million, allowed our client to activate an entire fleet of GPUs almost immediately," said Francisco Barba Jr., Vice President of Business Development at Wingspire Equipment Finance. "This certainty of funding is precisely what AI companies rely on to keep pace with surging customer demand." Wingspire Equipment Finance's funding capacity enables it to deliver sizable, flexible capital solutions that AI businesses require. This positions the company as a long-term financing partner to innovative technology companies across the entire AI value chain. For more information about Wingspire Equipment Finance and its comprehensive finance solutions, please visit About Wingspire Equipment Finance: Wingspire Equipment Finance is a leading provider of equipment financing solutions, committed to empowering middle market companies with flexible and innovative financial solutions. With a focus on client success and industry expertise, Wingspire Equipment Finance is dedicated to delivering strategic capital solutions that drive long-term success for its clients. Wingspire Equipment Finance is the equipment financing arm of Wingspire Capital, a portfolio company of Blue Owl Capital Corporation (NYSE: OBDC). OBDC is externally managed by Blue Owl Credit Advisors LLC, an indirect affiliate of Blue Owl Capital, Inc. (NYSE: OWL). Blue Owl Capital, Inc. is a global alternative asset manager with $273 billion of assets under management as of March 31, 2025.
Business Wire
01-05-2025
- Business
- Business Wire
Wingspire Equipment Finance Secures $350 Million Credit Facility to Power Next Phase of Growth
TUSTIN, Calif.--(BUSINESS WIRE)--Wingspire Equipment Finance announced today that it has closed on a $350 million credit facility to expand its financing capabilities for middle market and sponsor-backed companies. The new warehouse line was provided to a wholly-owned subsidiary of Wingspire Equipment Finance, with Bank of America, N.A. and Wells Fargo, N.A. as lenders. Bank of America, N.A. serves as the structuring and administrative agent. 'We are pleased to expand our lending capacity with the support of premier financial institutions like Bank of America and Wells Fargo,' said Eric Freeman, CEO of Wingspire Equipment Finance. 'This new facility is a testament to the strength of our platform and allows us to better serve our clients with more flexible and cost-effective equipment financing solutions.' Wingspire Equipment Finance continues to experience strong demand for its capital solutions, fueling expansion across all business areas. To support its growth and expanding team, the company will relocate its headquarters later this year to a newly built, larger office at The Flight at Tustin Legacy. For more information about Wingspire Equipment Finance and its comprehensive finance solutions, please visit About Wingspire Equipment Finance: Wingspire Equipment Finance is a leading provider of equipment financing solutions, committed to empowering businesses with flexible and innovative financial solutions. With a focus on client success and industry expertise, Wingspire Equipment Finance is dedicated to helping companies thrive by providing tailored financing options for their equipment needs. About Wingspire Capital: Wingspire Capital provides senior secured credit facilities of up to $200 million, and currently has over $1 billion in assets under management. It operates as two divisions: Wingspire Corporate Finance, which provides senior secured revolving lines of credit and term loans, and Wingspire Equipment Finance, which provides standalone equipment loans and leases. Industries financed include automotive, business services, consumer products, distribution, e-commerce & retail, financial services, food & beverage, healthcare, industrial, transportation & logistics, and technology applications. Wingspire Capital is a portfolio company of Blue Owl Capital Corporation (NYSE: OBDC). OBDC is externally managed by Blue Owl Credit Advisors LLC, an indirect affiliate of Blue Owl Capital, Inc. (NYSE: OWL). Blue Owl Capital, Inc. is a global alternative asset manager with over $251 billion of assets under management as of December 31, 2024. For further information about Wingspire Capital, visit
Yahoo
23-04-2025
- Business
- Yahoo
Wingspire Equipment Finance Provides Over $20 Million in Equipment Financing to Leading Aviation Services Provider
TUSTIN, Calif., April 23, 2025--(BUSINESS WIRE)--Wingspire Equipment Finance is pleased to provide over $20 million in equipment financing for a global leader in aviation services. The funding will support upgrading the private equity-owned company's operational equipment. This will enhance its ability to meet increasing market demand and service new customer contracts. As one of the world's largest providers of airport ground services and air cargo handling, the client plays a critical role in supporting airlines and airports internationally. The company sought a financing partner capable of providing a pre-approved guidance CapEx Line of Credit, ensuring quick and efficient funding for equipment acquisition. Wingspire Equipment Finance structured an Equipment Finance Agreement (EFA) that enables the company to replace aging cargo and ramp handling equipment, aircraft cleaning machinery, and plane fueling service vehicles. The funding modernizes its existing fleet and allows for strategic expansion to support growing customer needs. "Our financing solution represents a pivotal step forward for our client in the aviation services industry," said Jason Potter, Senior Vice President of Business Development at Wingspire Equipment Finance. "With a CapEx Line of Credit established, we've provided the flexibility they need to acquire and deploy new aviation equipment quickly. Our ability to scale with their business was key to their decision to partner with us. We're proud to support their growth and look forward to continuing our relationship." For more information about Wingspire Equipment Finance and its comprehensive finance solutions, please visit About Wingspire Equipment Finance: Wingspire Equipment Finance is a leading provider of equipment financing solutions, committed to empowering middle market companies with flexible and innovative financial solutions. With a focus on client success and industry expertise, Wingspire Equipment Finance is dedicated to delivering strategic capital solutions that drive long-term success for its clients. Wingspire Equipment Finance is the equipment financing arm of Wingspire Capital, a portfolio company of Blue Owl Capital (NYSE: OWL), a global alternative asset manager with over $251B in AUM. View source version on Contacts For media inquiries, please contact:Media Relations844.816.9420pressinfo@ Sign in to access your portfolio
Business Wire
23-04-2025
- Business
- Business Wire
Wingspire Equipment Finance Provides Over $20 Million in Equipment Financing to Leading Aviation Services Provider
TUSTIN, Calif.--(BUSINESS WIRE)--Wingspire Equipment Finance is pleased to provide over $20 million in equipment financing for a global leader in aviation services. The funding will support upgrading the private equity-owned company's operational equipment. This will enhance its ability to meet increasing market demand and service new customer contracts. As one of the world's largest providers of airport ground services and air cargo handling, the client plays a critical role in supporting airlines and airports internationally. The company sought a financing partner capable of providing a pre-approved guidance CapEx Line of Credit, ensuring quick and efficient funding for equipment acquisition. Wingspire Equipment Finance structured an Equipment Finance Agreement (EFA) that enables the company to replace aging cargo and ramp handling equipment, aircraft cleaning machinery, and plane fueling service vehicles. The funding modernizes its existing fleet and allows for strategic expansion to support growing customer needs. 'Our financing solution represents a pivotal step forward for our client in the aviation services industry,' said Jason Potter, Senior Vice President of Business Development at Wingspire Equipment Finance. 'With a CapEx Line of Credit established, we've provided the flexibility they need to acquire and deploy new aviation equipment quickly. Our ability to scale with their business was key to their decision to partner with us. We're proud to support their growth and look forward to continuing our relationship.' For more information about Wingspire Equipment Finance and its comprehensive finance solutions, please visit About Wingspire Equipment Finance: Wingspire Equipment Finance is a leading provider of equipment financing solutions, committed to empowering middle market companies with flexible and innovative financial solutions. With a focus on client success and industry expertise, Wingspire Equipment Finance is dedicated to delivering strategic capital solutions that drive long-term success for its clients. Wingspire Equipment Finance is the equipment financing arm of Wingspire Capital, a portfolio company of Blue Owl Capital (NYSE: OWL), a global alternative asset manager with over $251B in AUM.
Yahoo
28-02-2025
- Business
- Yahoo
Wingspire Equipment Finance Expands Partnership with Global IT Managed Service Provider With $30 Million Capital Lease
TUSTIN, Calif., February 28, 2025--(BUSINESS WIRE)--Wingspire Equipment Finance has strengthened its seven-year relationship with a leading IT managed service provider (MSP) by providing a $30 million capital lease. This latest transaction is part of a broader financial partnership, bringing total funding to over $100 million. Since first partnering with the MSP seven years ago, Wingspire Equipment Finance has played a pivotal role in the company's financial strategy. As a trusted financial partner, Wingspire Equipment Finance delivered reliable funding to support the MSP's mission of optimizing IT infrastructure, modernizing applications, and accelerating digital transformation for businesses worldwide. Today, the MSP services hundreds of international clients across the financial, healthcare, government, and retail sectors. The latest round of financing reinforces Wingspire Equipment Finance's commitment to providing the essential capital to fuel the client's next phase of growth. The additional $30 million was executed within two weeks, enabling the MSP to secure critical software investments for Q1 2025. "Over the past seven years, we have built a strong partnership with our MSP client, supporting their long-term growth and technology evolution," said Jason Alves, Senior VP of Private Equity at Wingspire Equipment Finance. "This latest transaction underscores our ability to deliver reliable and timely financing solutions that empower our clients in the ever-evolving IT landscape." Wingspire Equipment Finance leverages its deep expertise in the technology sector to provide digital transformation companies with capital solutions that empower their companies to invest in software, IT infrastructure, and modernization initiatives. For more information about Wingspire Equipment Finance and its comprehensive finance solutions, please visit About Wingspire Equipment Finance: Wingspire Equipment Finance is a leading provider of equipment financing solutions, committed to empowering middle market companies with flexible and innovative financial solutions. With a focus on client success and industry expertise, Wingspire Equipment Finance is dedicated to delivering strategic capital solutions that drive long-term success for its clients. Wingspire Equipment Finance is the equipment financing arm of Wingspire Capital, a portfolio company of Blue Owl Capital (NYSE: OWL), a global alternative asset manager with over $251B in AUM. View source version on Contacts For media inquiries, please contact:Media Relations844.816.9420pressinfo@ Sign in to access your portfolio
