Ares Commercial Finance funded a $5.5 million senior secured revolving line of credit to Fouts Bros. and Subsidiaries. The facility refinanced the company’s existing line of credit, and will be used for ongoing working capital. Founded in 1952 and headquartered in Smyrna, GA, Fouts Bros. and its wholly owned subsidiary Smyrna Truck & Cargo design and assemble fire apparatus and vocational vans and trucks. Product lines include commercial tankers, brush/attack trucks, light rescue units and mini-pumpers.
Ares Commercial FinanceFouts Bros.
Ares Commercial Finance Provides $5.5MM Credit Line to Fouts Bros.
August 19, 2015
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