Wingspire Capital, LLC (“Wingspire”) announced that William Bence joined the firm as Principal, responsible for business development activities of Wingspire Capital in Chicago and the midwestern United States.

Will joins Wingspire from Fifth Third Business Capital where he had nearly 15 years of experience, most recently leading the middle market ABL business development efforts in the Michigan and Ohio marketplace. “Will comes to us as one of the top new business professionals from one of the premier bank ABL shops and we are honored to have him join our team”, said James Garlick, Managing Director of Wingspire.

“Our unique structured ABL platform values creativity and responsiveness, two of the attributes that which Will possesses, and we are thrilled to have him lead our origination efforts in the Midwest”, said David Wisen, CEO and John Rosin, President & COO in a joint statement.

Based in Atlanta, Wingspire focuses on the upper tier of the senior secured ABL and ABL stretch market by providing senior secured revolving credit lines and term loans ranging in size from $20 to $200 million. The company serves public and private businesses in an array of industries, including manufacturing, distribution, retail, logistics, automotive, energy, consumer products, hospitality, lender finance and business services. Its loans are secured by assets such as accounts receivable, inventory, equipment, real estate and intellectual property.  Wingspire Capital Holdings is a portfolio company of Owl Rock Capital Corporation.