WESTPORT, Conn. — Great Rock Capital, an asset-focused commercial finance company specializing in middle market lending, today announced the upsize of its leverage facility with KeyBank National Association, one of the nation’s largest bank-based financial services institutions. The leverage facility, agented by KeyBank, provides more than $700 million of capital and includes the recent additions of new lending partners, OceanFirst Bank N.A. and HomeStreet Bank.
“We believe that Great Rock is well positioned to grow with a strong management team and strategy that includes providing creative financing solutions to middle market customers throughout North America,” said Chris Tucker, Managing Director, KeyBank Specialty Finance Lending. “KeyBank values its partnership with Great Rock and the bank syndicate, and we look forward to our continued success.”
“Following a record-setting 2024, we’ve entered 2025 with strong momentum and a solid first-quarter performance,” said Stuart Armstrong, CEO of Great Rock Capital. “We appreciate the ongoing partnership with KeyBank and the 14 other bank partners in our facility. This incremental capital will support the continued growth of our platform as we remain dedicated to providing middle market companies with maximum liquidity and financial flexibility to execute on their business strategies.”
“The continuous expansion of our capital base has been a major driver of Great Rock’s success,” said Brett Goodwin, CFO of Great Rock Capital. “We have developed a strong partnership with our bank syndicate to provide seamless financing to our growing number of loan customers.”
