Wingspire Equipment Finance completes $100 million funding program

Wingspire Equipment Finance announced it has provided more than $100 million in financing to a software-as-a-service provider over seven years through multiple transactions. The Tustin, California-based company said the funding supported programmatic technology equipment deployments.

The financing arrangement used streamlined structures designed to align with the client's product deployment schedule while preserving the client's cash position. Wingspire said the program continued operating through market disruptions including COVID-19 and supply chain issues.

The financing enabled the SaaS client to accelerate hardware rollouts to end users through sub-leasing arrangements without requiring large upfront capital expenditures, according to the company.

"Long-term partnerships are built on trust, reliability, and the funding capacity to keep showing up with solutions—especially when conditions are challenging," said Neil Holmes, Senior Vice President of Originations at Wingspire Equipment Finance.

Wingspire Equipment Finance operates as the equipment financing division of Wingspire Capital, which is owned by Blue Owl Capital Corporation (NYSE: OBDC). Blue Owl Capital Corporation is managed by Blue Owl Credit Advisors LLC, an affiliate of Blue Owl Capital, Inc. (NYSE: OWL). Blue Owl Capital, Inc. reported $284 billion in assets under management as of June 30, 2025.

The information is based on a company press release.

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