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Wingspire Capital Provides Senior Secured Credit Facility to AvAir

February 08, 2022, 08:02 AM
Filed Under: Aircraft

Wingspire Capital provided a senior secured credit facility to AvAir, LLC, a global supplier of aftermarket parts for commercial passenger and cargo aircraft.

Since its inception in 2000, Arizona-based AvAir has developed a reputation as a nimble, knowledgeable and trusted provider of a broad variety of aircraft parts and components. The company used the proceeds to refinance an existing bank facility and for ongoing working capital needs.

“We enjoyed working with AvAir’s leadership team to create a capital solution that met their needs, providing them with a financing structure that will provide capital for growth,” said James Garlick, Senior Managing Director and Head of Originations for Wingspire Capital.

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