Great Rock Capital

Great Rock Capital, an industry leader in asset-based lending, provides a unique suite of one-stop financial products to maximize borrower liquidity. The firm excels at integrating revolving lines of credit with flexible, term-only structures, enabling seamless, full solutions for middle-market clients and strategic split-lien partnerships.

Great Rock Capital (GRC) is an asset focused middle-market commercial finance company, delivering a unique suite of financing products that enables borrowers to maximize liquidity through one-stop solutions. GRC is an industry leader in customized asset-based term only products, with the expertise to also finance revolvers, and to provide a complete ABL solution or partner with bank ABL platforms via split-lien structures. This differentiation lies in the firm’s ability to seamlessly integrate RLOCs and term loans — a complexity few middle-market lenders can execute — which is vital in today’s aggressive lending environment.

The platform has experienced substantial growth in deal size and market role. The average deal size has soared from $55 million in 2024 to $100 million in 2025 with overall deal commitments ranging from $25 million to $350 million. The average hold size has also climbed, reaching $50 million in 2025, up from $35 million in 2023. This rapid scaling is supported by a significant capital foundation, including a $1.1 billion leverage facility that closed in 2025, providing the financial flexibility needed to drive future growth and scale the platform. This scale has led GRC to serve as the sole lender or lead agent for nearly 70% of its volume in 2025.

GRC maintains an industry-agnostic approach but specializes in borrowers with fixed-asset intensive profiles and unencumbered tangible collateral. The firm has a proven track record across the manufacturing, industrial, aerospace and automotive industries, creating tailored structures to support working capital needs, growth initiatives, and capital expenditure.

The ability to move quickly and handle complexity is a key differentiator. A recent $75 million senior secured credit facility for Pacific Ag, which included a RLOC, term loan, and a delayed draw term loan, was executed from proposal to Investment Committee consent in under 60 days. The deal, which involved highly dispersed weather-dependent agricultural inventory, required intensive third-party diligence. Yet, GRC delivered an all-senior debt solution that was less dilutive than the preferred equity the company initially sought.

GRC also partnered with a like-minded lender to fund a $150 million revolving credit facility where GRC underwrote the transaction in just 10 business days, showcasing the firm’s agility and deep partnerships. GRC is dedicated to building close borrower relationships underpinned by a culture of teamwork and transparency. This collaborative cross-functional environment integrates business development, underwriting, and portfolio management to ensure speed and consistency from start to finish. The leadership team champions this supportive environment by mentoring team members and ensuring everyone has a voice in driving the firm’s strong performance and consistency.