Mountain Ridge Capital closed a $20 million senior secured credit facility for an Alabama-based manufacturer specializing in premium Class B1 recreational vehicles and outdoor lifestyle products. The facility will support the company’s working capital needs and help drive its growth and operational initiatives.
“We are pleased and excited to have closed this opportunity and welcome the company into our expanding and growing portfolio,” Craig Winslow, CEO of Mountain Ridge Capital, said. “Our facility is unique in many ways, and we were able to structure a creative borrowing base to meet the customer’s needs. We look forward to long standing relationship.”
