Rising Bird Secures $8.2MM Credit Facility for Don Rose Oil

Rising Bird secured an $8.2 million credit facility for Don Rose Oil. The funds will be used to refinance existing debt with better terms, help with the expansion of DRO and support general business operations.

First Capital Provides $7MM ABL to Don Rose Oil

First Capital said it provided a $7 million asset-based credit facility to Don Rose Oil. The deal encompasses a revolver secured by A/R and inventory, and a term loan secured by machinery and equipment.