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The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
Wingspire Capital Provides $40MM Senior Secured Financing to XL Funding
Wednesday, September 16, 2020
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Lenders/Participants
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Wingspire Capital Holdings [Lender]
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Structure
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Senior Secured Loan
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Amount
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$40.000
Million
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Borrower(s)
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XL Funding, subsidiary of XLerate Group
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Description
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XL Funding provides floorplan loans to auto dealers in more than a dozen markets, and will use the funding to refinance a previous bank loan and extend capital to more small and medium-sized dealers in populous states including California, Texas and Florida. Transaction details not disclosed.
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Industry
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Lender Finance
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| Related Tags |
Wingspire Capital Holdings
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ABL Advisor
Deal Tables
2024
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