Ares Commercial Finance Provides $45MM Revolving LOC to Southern States Cooperative
Ares Commercial Finance provided a $45 million senior secured revolving line of credit to Southern States Cooperative.
Ares Commercial Finance provided a $45 million senior secured revolving line of credit to Southern States Cooperative.
Gibraltar Business Capital provided $20 million in acquisition financing to support CriticalPoint Capital’s acquisition of substantially all of the assets of the farm supply distribution division from Southern States Cooperative. CriticalPoint Capital rebranded the newly acquired division Agway Farm & Home.
Crystal Financial provided a $60 million senior term loan for Southern States Cooperative, a cooperative founded in 1923 for farmers and rural homeowners that provides products, services and growing solutions for farming communities in 21 states.
Crystal Financial closed a $70 million senior credit facility for Southern States Cooperative.