Siena Lending Group, a provider of asset-based lending solutions, closed a new senior secured credit facility for FeraDyne Outdoors, a manufacturer and wholesaler of brands in outdoor hunting gear and archery. The new facility consists of a revolving line of credit, providing FeraDyne with access to enhanced liquidity and the ability to support its strategic business objectives.
“It was a pleasure working with Siena,” Don Germano, CEO of FeraDyne Outdoors, said. “The team took a collaborative approach, enabling us to implement a tailored solution that will help the company capitalize on growing opportunities in its target markets. We look forward to developing an interactive relationship.”
“We are excited to support FeraDyne’s business initiatives with this value-added financing solution,” Bridget Anderson, senior vice president at Siena Lending Group, said. “The company has a long history of offering industry-leading brands in the outdoor enthusiast space. Siena’s credit facility provides the company with the operating flexibility needed to achieve its short-term and long-term goals. It was a pleasure working with the management team and ownership to get the transaction done. We are also thankful for the opportunity to work alongside Baird as they led another successful execution.”
