Ares Commercial Finance (ACF) served as Agent for a $150 million asset-based revolving line of credit to Lifted Trucks, a portfolio company of Nonantum Capital Partners and TRP Capital Partners. The Company has been a leader in the automotive industry for three decades and has built a reputation for selling high quality, custom trucks and providing exceptional customer service.
ACF delivered a bespoke, scalable ABL financing solution that leveraged Lifted Trucks’ unique collateral, while supporting the Company’s rapid growth plans. ACF’s commitment to reliability and certainty of execution provided confidence throughout the transaction process. The Company needed a team whose innovative financing expertise complemented their commitment to excellence. The outcome enhances the Company’s ability to deliver high quality custom trucks and exceptional customer service to even more markets.
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