Wingspire Equipment Finance Fuels Tier One Automotive Supplier with Large Asset-Backed $45 Million Transaction
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equipment term loanfinancial
An equipment term loan is a bank or finance company loan specifically used to buy or lease physical machinery, vehicles, or other long‑lasting business gear, with the purchased equipment serving as collateral. It matters to investors because it creates a predictable repayment obligation tied to a specific tangible asset, which affects a company’s cash flow, borrowing capacity and risk: if the business struggles it can return or repossess the equipment, unlike unsecured debt.
asset-backedfinancial
Asset-backed describes a loan, bond, or security that is supported by a specific pool of tangible or financial items—such as loans, receivables, leases, or property—that can be sold or collected to pay investors if the borrower can’t. Think of it like a loan tied to collateral: if payments stop, the assets provide a safety net, which changes the investment’s risk, expected return, and how regulators treat it.
senior secured facilityfinancial
A senior secured facility is a loan or credit line that a company borrows where lenders have first claim on specific assets if the borrower can’t repay. Think of it as a mortgage-like pledge combined with being first in line to get paid back, which lowers the lender’s risk. Investors care because it affects a borrower’s default risk and recovery prospects—senior secured debt is generally safer than unsecured or junior debt and influences a company’s borrowing cost and capital structure.
OEMtechnical
OEM stands for Original Equipment Manufacturer, which is a company that produces parts or components used in the final products made by other companies. For investors, understanding OEMs is important because their performance can impact the supply chain and overall success of major industries, especially those relying on specialized parts. Think of OEMs as the suppliers that provide the building blocks for larger products, like the engine parts for a car.
TUSTIN, Calif.--(BUSINESS WIRE)--
Wingspire Equipment Finance, a leading provider of large-transaction equipment financing solutions for middle market companies, 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 Tom Murray at Wingspire Equipment Finance. “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.
About Wingspire Equipment Finance:
Wingspire Equipment Finance is a leading provider of large transaction equipment financing solutions, empowering middle-market and private equity-backed companies with flexible and innovative capital structures. With a focus on client success and industry expertise, Wingspire Equipment Finance provides strategic capital solutions that promote 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 $307 billion of assets under management as of December 31, 2025.