Altriarch Asset Management closed a $15 million senior secured revolving credit facility, with the potential to expand up to $25 million, to support the continued growth of a transportation services company.
The facility will refinance the company’s existing line of credit and provide additional capital to onboard new clients, diversify its portfolio and continue delivering innovative solutions and reliable funding to carriers and logistics providers nationwide.
“We are excited to partner with a company that exemplifies best-in-class operations and leadership in the trucking finance space,” Danielle Brown, general partner and CEO at Altriarch, said. “This facility is designed to provide the flexibility and runway needed to support their next phase of growth, while maintaining the disciplined risk management and client service that have defined their success.”
