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Wingspire Capital Serves as Revolver Agent for PWCC Marketplace

Date: Sep 28, 2022 @ 07:50 AM
Filed Under: Specialty Industries

Wingspire Capital provided a revolving loan facility in concert with a larger asset-based credit facility with WhiteHawk Capital Partners to trading card investment platform PWCC Marketplace, LLC and certain affiliates  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.  

 
 

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