Ares Commercial Finance and WhiteHawk Capital Partners provided a C$130 million ($103.1 million) senior facility to a company based in western Canada specializing in crane and heavy haul services.
The senior facility is comprised of a C$90 million ($71.3 million) revolver provided by Ares Commercial Finance and a C$40 million ($31.7 million) term loan provided by WhiteHawk Capital Partners. The financing provides incremental financial flexibility to support the borrower’s future growth.
