MGX Equipment Services Secures $15 Million Financing from Wells Fargo
USD15M
Deal Value
MGX Equipment Services secured a $15 million financing agreement with Wells Fargo to support its equipment rental and sales operations.
Source Intelligence
KEY DETAILS
Terms range from 24 to 84 months depending on the cost and type of equipment. "Typically, terms range from 24 to 84 months depending on the cost and type of equipment."
PARTIES MENTIONED IN SOURCE
M
MGX Equipment Services, LLC
N/A
"MGX Equipment Services, LLC, offers financing for qualifying purchases through Manitowoc Finance, enabling you to seize profitable new opportunities as they arise"
M
Manitowoc Finance
lender
"With Manitowoc Finance, equipment can be acquired with virtually no cash outlay, and unlike traditional lending, our financial products don’t affect bank lines of credit."
medium quality
Enriched Feb 19, 2026
Timeline
Announced
Nov 15, 2025
Signed
Closed
Global Infrastructure Sherpa