Mitch Drucker joined Ares Commercial Finance as a partner. Drucker previously worked for Garrison Investment Group and CIT.
Ares Commercial Finance has provided a $17.3 million senior secured credit facility to Cox Interior, comprised of a revolving line of credit and a term loan secured by real estate, machinery and equipment.
Ares Commercial Finance has provided an $11.2 million senior secured credit facility to NHI Mechanical Motion comprised of a revolving line of credit, a real estate term loan and a term loan secured by machinery and equipment.
Ares Commercial Finance has provided a senior secured credit facility to Saylite Holdings and its subsidiaries.
Ares Commercial Finance provided a senior secured revolving line of credit to Stevens Aerospace and Defense Systems.
James Paterson has joined Ares Commercial Finance as managing director, business development officer in Los Angeles, where he will focus on originating asset-based lending opportunities on the West Coast.
Ares Commercial Finance provided a $32 million senior secured revolving line of credit to Confluence Outdoor.
Ares Commercial Finance provided a senior secured credit facility to Pegasus Foods. The arrangements consisted of a revolving line of credit and a capital expenditure line of credit.
Ares Commercial Finance provided a $20 million senior secured revolving line of credit to TBL Group.
Ares Commercial Finance provided a $20 million senior secured revolving line of credit to Imperial Frozen Foods.