Ares Commercial Finance provided a $37.3 million asset-based credit facility to Be Green Packaging, a designer and manufacturer of sustainable, fiber products and packaging.
Phoenix Capital acted as exclusive advisor and investment banker to Polymerica Resources in arranging, structuring and negotiating a refinancing of $47 million through Ares Commercial Finance.
Ares Commercial Finance funded a $5.5 million senior secured revolving line of credit to Fouts Bros. and Subsidiaries. The facility refinanced the company’s existing line of credit, and will be used for ongoing working capital.
Ares Management has expanded into the commercial finance sector through its acquisition of Keltic Financial Services and Keltic Financial Partners.