Wingspire Equipment Finance Secures $350 Million Credit Facility to Power Next Phase of Growth
'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 ef.wingspirecapital.com.
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 www.wingspirecapital.com.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
2 minutes ago
- Yahoo
Air Products Appoints Megan Britt Vice President, Investor Relations
LEHIGH VALLEY, Pa., Aug. 5, 2025 /PRNewswire/ -- Air Products (NYSE:APD) today announced that Megan Britt is appointed vice president, Investor Relations effective August 11, 2025. Britt succeeds Eric Guter who is leaving the Company to pursue other opportunities. Britt brings nearly 25 years of experience, most recently serving as vice president, Investor Relations at Archer-Daniels Midland (ADM) since 2022. Prior to ADM, Britt led the Investor Relations functions at Tyson Foods, Inc. and Corteva Agriscience. Before that, she held various finance and strategy roles at DuPont. Britt began her career as an economist at DuPont and senior analyst at Principal Financial Group. She holds a Bachelor of Science and Master of Science in Agricultural and Applied Economics from Texas Tech University. Britt will report to Air Products' Chief Financial Officer Melissa Schaeffer and be based at the Company's global headquarters in Allentown, Pennsylvania. Schaeffer said, "We welcome Megan to the Air Products team. We are committed to creating shareholder value every day as we focus on our core capabilities, capital discipline and productivity. Megan's expertise will be valuable in communicating our progress and further strengthening relationships with analysts and investors around the world." About Air ProductsAir Products (NYSE: APD) is a world-leading industrial gases company in operation for over 80 years focused on serving energy, environmental, and emerging markets and generating a cleaner future. The Company supplies essential industrial gases, related equipment and applications expertise to customers in dozens of industries, including refining, chemicals, metals, electronics, manufacturing, medical and food. As the leading global supplier of hydrogen, Air Products also develops, engineers, builds, owns and operates some of the world's largest clean hydrogen projects, supporting the transition to low- and zero-carbon energy in the industrial and heavy-duty transportation sectors. Through its sale of equipment businesses, the Company also provides turbomachinery, membrane systems and cryogenic containers globally. Air Products had fiscal 2024 sales of $12.1 billion from operations in approximately 50 countries and has a current market capitalization of over $60 billion. For more information, visit or follow us on LinkedIn, X, Facebook or Instagram. View original content to download multimedia: SOURCE Air Products
Yahoo
2 minutes ago
- Yahoo
RingCentral Appoints Vaibhav Agarwal as Chief Financial Officer
BELMONT, Calif., August 05, 2025--(BUSINESS WIRE)--RingCentral, Inc. (NYSE: RNG), a global leader in AI-powered business communications, today announced that Vaibhav Agarwal has been appointed Chief Financial Officer, effective immediately. Agarwal, who has been with RingCentral since 2016, will succeed Abhey Lamba, who will continue to serve as an Executive Advisor through the end of the year. Agarwal will be responsible for all the company's financial functions, including financial planning, controllership, tax, treasury, corporate development and investor relations. "I want to congratulate Vaibhav Agarwal on his promotion to Chief Financial Officer of RingCentral. With his nine year tenure in prior roles as Chief Accounting Officer, Chief Transformation Officer, and deputy Chief Financial Officer here at RingCentral, Vaibhav has been a key contributor scaling the company from $400 million to a $2.6 billion run-rate business, while meaningfully contributing to our increasing profitability," said Vlad Shmunis, Founder, Chairman and CEO of RingCentral. "His deep understanding of our business and proven financial leadership sets us up well for our next phase of profitable growth. I also want to thank Abhey Lamba for his contributions and look forward to working with him in his new role as an executive advisor." "I'm honored to step into the role of CFO at RingCentral. We have executed well across all key metrics —delivering profitable growth, expanding margins, achieving GAAP profitability, generating record free cash flow and meaningful FCF per share. This provides us with a flexible capital allocation strategy, focused on investing in innovation, paying down debt, reducing share count, and returning capital to shareholders. With a large market opportunity across UCaaS, CCaaS, and our expanding AI portfolio, I'm excited to work with the leadership team to drive the next chapter of success," said Vaibhav Agarwal, Chief Financial Officer of RingCentral. About Vaibhav Agarwal Agarwal is an accomplished finance executive and has been an integral part of RingCentral's leadership team since 2016, holding prior roles as Chief Accounting Officer, Chief Transformation Officer, and deputy Chief Financial Officer and supporting the Company's growth to a $2.6 billion run rate business, from approximately $400 million when he joined. He brings extensive experience in leading corporate and operational finance experience across the technology industry. Prior to RingCentral, he held senior finance roles at Intel Corporation, Altera, Intuitive Surgical, and PricewaterhouseCoopers. Agarwal holds an MBA from the University of Illinois at Urbana-Champaign, is a Chartered Accountant from India, a California CPA (inactive) and has an undergraduate degree in accounting and finance from the University of Delhi. About RingCentral RingCentral is a global leader in AI-powered business communications, contact center, conversational intelligence, video and hybrid event solutions. RingCentral empowers businesses with conversation intelligence and unlocks rich customer and employee interactions to provide insights and improved business outcomes. With decades of expertise in reliable and secure cloud communications, RingCentral has earned the trust of hundreds of thousands of customers and millions of users worldwide. Visit to learn more. ©2025 RingCentral, Inc. All rights reserved. RingCentral and the RingCentral logo are trademarks of RingCentral, Inc. View source version on Contacts Investor Relations Contact: RingCentral Investor Relationsir@ Media Contact: Mariana Leventis,
Yahoo
2 minutes ago
- Yahoo
Paymentus to Participate in Upcoming Investor Conferences in August
CHARLOTTE, N.C., August 05, 2025--(BUSINESS WIRE)--Paymentus Holdings, Inc. ("Paymentus") (NYSE: PAY), a leading provider of cloud-based bill payment technology solutions, today announced that Dushyant Sharma, Chief Executive Officer, and Sanjay Kalra, Chief Financial Officer are scheduled to participate in the following investor conferences: Oppenheimer 28th Annual Virtual Technology, Internet & Communications Conference on Tuesday, August 12th , where Mr. Sharma and Mr. Kalra will participate in a fireside chat at 1:15 pm ET Deutsche Bank 2025 Technology Conference at the Waldorf Astoria Monarch Beach Resort in Dana Point, California on Wednesday, August 27th A live webcast and replay of the fireside chat will be available on Paymentus' investor relations website at Management will host investor meetings throughout the day. For further information, please contact your Oppenheimer or Deutsche Bank representatives or email paymentus@ About Paymentus Paymentus is a leading provider of cloud-based bill payment technology and solutions for more than 2,500 billers and financial institutions across North America. Our omni-channel platform provides consumers with easy-to-use, flexible and secure electronic bill payment experiences through their preferred payment channel and type. Paymentus' proprietary Instant Payment NetworkTM, or IPN, extends our reach by connecting our IPN partners' platforms and tens of thousands of billers to our integrated billing, payment, and reconciliation capabilities. For more information, please visit CATEGORY: CORPORATE NEWS View source version on Contacts Investor Contact: David Hanover, Senior Vice PresidentKCSA Strategic Communicationspaymentus@ Media Contact: Jon GoldbergKCSA Strategic Communicationsjgoldberg@
