Ares Commercial Finance provided a $30 million senior secured credit facility to Monolith Brands Group. The company is a consumer products platform focused on acquiring omnichannel brands in niche product categories.
Ares Commercial Finance provided a $15 million senior secured credit facility to PS Energy Group, a provider of transportation fuels, emergency fueling and fleet management technology and services to utilities, government and enterprise clients.
Ares Commercial Finance provided a cross-border, $40 million senior secured credit facility to PlayMonster. The credit facility consists of an asset-based revolving line of credit secured by assets in both the United States and the UK.
Ares Commercial Finance provided a senior secured credit facility to Hint, a San Francisco-based beverage company. The credit facility consists of an asset based revolving line of credit.
Ares Commercial Finance provided a senior secured credit facility to MFG Chemical, a portfolio company of Platte River Equity. The credit facility consists of an asset based revolving line of credit and a term loan.
Ares Commercial Finance provided a $30 million senior secured revolving line of credit to Marolina Outdoor, a portfolio company of Goode Partners.
Ares Commercial Finance provided a senior secured credit facility to Capezio, a manufacturer of dance shoes, apparel and accessories. The credit facility consists of a revolving line of credit and term loan.
Wingspire Capital provided $50 million of a revolving line of credit facility to keg sales and rental company MicroStar Logistics as part of a larger agented transaction led by Ares Commercial Finance.
Ares Commercial Finance led the financing of a $210 million senior secured cross-border revolving line of credit for MicroStar Logistics, a portfolio company of Freeman Spogli.
The Secured Finance Network (SFNet) added to its executive and management committees for fiscal year 2022. These leaders guide the association, make policy decisions, confirm new members and provide thought leadership in advocacy and education.