- Legacy Corporate Lending Provides $25 Million Asset-Based Credit Facility to Fairway Lumber
- Encina Lender Finance and Georgia Banking Company Provide $40 Million Senior Credit Facility To Microf
- Ardagh Group Announces Entry into New Senior Secured Facility
- SG Credit Partners Announces a Senior Debt Investment in RANE
- RadNet Announces Closing of its Previously Announced Term Loan and Revolving Credit Facility Refinancing Transaction
Wingspire Provides $30MM to Specialty Construction Products Company
December 9, 2020
Source: Wingspire Capital
Wingspire Capital has provided a $30 million senior secured credit facility to a leading manufacturer and distributor of specialty concrete production and handling equipment that are integral in the construction of large buildings, stadiums, roads, bridges and other infrastructure.
The borrower is using the proceeds of the credit facility to fund day-to-day capital needs for growth and optimizing cash flow and management of its finances, which requires greater flexibility than its previous lender provided.
“We are pleased to provide a more creative and flexible capital solution for a company that plays a vital role in building, repairing and maintaining our nation’s infrastructure as well as new commercial construction projects,” said Will Bence, Director at Wingspire Capital.
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