ATLANTA – Sept. 28, 2022 — Wingspire Capital LLC (“Wingspire”) provided a revolving loan facility in concert with a larger asset-based credit facility with WhiteHawk Capital Partners (“WhiteHawk”) to trading card investment platform PWCC Marketplace, LLC and certain affiliates (collectively “PWCC”) to create further liquidity for its expanding commercial financing business.
Founded in 1998, PWCC is a leader in trading cards and collectibles as it empowers investors to realize value in an emerging collectible sector. PWCC is using the proceeds to offer a menu of capital options including loans and cash advances for clients across its full-service auction, storage and lending platform.
“We are pleased to have teamed with WhiteHawk on this credit facility for PWCC that provides flexibility and access to capital to power their growth,” said David Phillips, Managing Director of Wingspire.
D.A. Davidson & Co. served as financial advisor to PWCC.
ABOUT WINGSPIRE CAPITAL
Wingspire Capital is a middle market-focused, asset-oriented specialty finance firm that provides senior credit facilities to businesses across all industries. Our depth of experience across all debt products and industries enables our firm to be creative and flexible in our approach, and the lender of choice for companies across all stages of growth and complexity. The commitments for our credit facilities range in size from $20 to $200 million.
Wingspire is a portfolio company of Owl Rock Capital Corporation (NYSE: ORCC), which is externally managed by Owl Rock Capital Advisors LLC, an SEC-registered investment adviser. Owl Rock is a division of Blue Owl Capital (NYSE: OWL), a global alternative asset manager with approximately $119.1 billion of assets under management as of June 30, 2022. For further information about Atlanta-based Wingspire, visit wingspirecapital.com.