Wingspire Equipment Finance announced it provided a $45 million equipment term loan to a major Tier One automotive parts manufacturer.
The client is an established international Tier One auto parts supplier supporting major OEM programs. The capital solution was structured as an equipment term loan secured by the manufacturer’s core operating assets.
Led by Tom Murray, Managing Director of Capital Markets at Wingspire Equipment Finance, the transaction demonstrates the company’s ability to deliver large-ticket financing for scaled manufacturing businesses in the automotive sector.
“Our finance solution reflects Wingspire Equipment Finance’s focus on providing reliable capital to essential industrial operators,” said Murray. “We’re proud to support a Tier One manufacturer with a solution that aligns with their long-term operational needs and continued growth.”
The funding supported a strategic transaction between two major automotive suppliers, helping enable the integration of their operations. Wingspire Equipment Finance’s transaction was completed as part of a broader $135 million senior secured facility that included participation from additional lending partners.