Ares Commercial Finance provided an $11 million senior secured revolving line of credit to Fanzz Gear.
Proceeds from the facility will be used to refinance existing debt and provide ongoing working capital.
Headquartered in Salt Lake City, UT, Fanzz is a brick-and-mortar and online retailer of licensed sports apparel and merchandise. The company is owned, in part, by Ames Watson Capital, a privately held diversified operating company that purchases, transforms and partners with lower middle market companies to create long-term value.
