Deals Counterparts

MGX Equipment Services Secures $15 Million Financing from Wells Fargo

Financing announced United States Nov 15, 2025
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

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