Commercial finance company Great Rock Capital closed a $15 million senior secured credit facility for a marketing and administrative service firm.
The facility will provide the company with a significant increase in liquidity, which will be used to help drive the company’s continued expansion.
“Great Rock is pleased to provide capital to this new customer and support their growth initiatives,” said Stuart Armstrong, Great Rock CEO. “In the second half of 2018, we have closed three new transactions and upsized three existing credit facilities, a testament to our commitment to building strong partnerships and providing our customers with innovative growth capital so they can focus on achieving their long-term business objectives.”
