Great Rock Capital, an asset-focused commercial finance company, provided a $15 million senior secured credit facility to Coast to Coast Equipment, a company that specializes in buying, selling and renting new and used aerial-lift equipment. The credit facility refinanced the company’s existing loan and provides Coast to Coast with additional liquidity.
“Great Rock quickly understood our capital needs and worked with us to create a liquidity facility that will position us for continued success,” a spokesperson for Coast to Coast Equipment, said. “We look forward to partnering with Great Rock as we execute on the next steps of our strategic business plan.”
“We are excited to play a role in helping Coast to Coast achieve new levels of growth,” Stuart Armstrong, CEO of Great Rock Capital, said. “The company was founded by an innovative and knowledgeable leader who has built a best-in-class equipment business.”
