Wingspire Capital Launches Equipment Finance Division, Murray Named Managing Director

The specialized finance company Wingspire Capital has broadened its product mix with the creation of a division dedicated to equipment financing: Wingspire Equipment Finance.

Wingspire Equipment Finance will focus on equipment finance transactions ranging from $10 million to $200 million for sponsored, publicly traded and private, lower quality companies for transactions such as:

  • New capital expenditures
  • Equipment Term Loans
  • FMV, TRAC and Capital Leases
  • Sale-Leaseback
  • Equipment Debt Consolidation
  • Acquisitions of rental portfolio
  • Secondary leasing purchases
  • Discounting or leverage of other lessor papers
  • Financing the acquisition of capital-intensive targets by private equity or strategic buyers

As part of the launch of the new division, Wingspire has appointed Tom Murray as General Manager of Equipment Finance. Murray previously held senior positions at City National Bank, Bridge Funding Group, CIT and GE Commercial Finance.

“Wingspire is committed to becoming a market leader in equipment finance and is delighted to have Tom Murray join our team as the first step in a long-term plan,” said David Wisen, CEO and Co-Founder of Wingspire Capital. “The new equipment finance platform enables Wingspire to offer additional creative lending solutions to meet the complex and evolving needs of the middle market.”

Wingspire Equipment Finance will be industry independent and backed by permanent capital.

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