Key Highlights
- $12M equipment financing provided to a leading pharmaceutical services CDMO.
- Capital lease and sale-leaseback arrangement optimized equipment purchasing and liquidity.
- Enhanced cash flow supports ongoing growth and operational efficiency.
Source: Business Wire
Notable Quote
- “Our ability to provide a much-needed infusion of capital and meet their specific financial objectives highlights our dedication to fostering strong partnerships with our clients.” – Jason Alves, Senior Vice President of Private Equity at Wingspire Equipment Finance
SoHC's Take
The successful completion of this $12 million equipment financing arrangement underscores Wingspire Equipment Finance’s capability in delivering strategic financial solutions tailored to the unique needs of their clients. By implementing a capital lease and sale-leaseback structure, Wingspire effectively facilitated the acquisition of advanced drug manufacturing and packaging technology, simultaneously optimizing the client’s cash flow and liquidity. This move not only supports the CDMO’s immediate operational needs but also positions them for sustained growth in a competitive industry. Wingspire’s proactive and client-focused approach is exemplary in the equipment finance sector, demonstrating their commitment to enabling business success through financial innovation.
