Mountain Ridge Capital provided a $24 million senior secured credit facility to a fashion apparel distributor. The facility refinanced the debt of another lender and will be utilized to manage through working capital cyclicality and support new business growth.
Mountain Ridge Capital closed a $30 million senior secured credit facility for a regional distributor focused on fast food and fast casual dining in the Southeast.
Mountain Ridge Capital closed a $29 million senior secured credit facility for a designer and manufacturer of plastic injection products. The company used the facility to refinance the debt of a regional commercial bank, fund an add-on acquisition and as working capital.
Mountain Ridge Capital closed a $15 million senior secured credit facility for an international consumer beverage company.
Asset-based lending is an industry built on making deals, but at the heart of every one of those transactions is a financial solution for a business. To honor this fundamental pillar of the industry, ABF Journal is proud to present its second annual Deals of the Year listing to provide a more in-depth look at some of the most intriguing and impactful transactions of 2023.
Mountain Ridge Capital and Great Rock Capital jointly closed a $75 million senior secured credit facility for HOP Energy, a heating oil company offering a range of energy services. Mountain Ridge served as the administrative agent and collateral agent for this transaction, but the deal was a collaborative effort. Investment bank Crown Partners introduced Mountain […]
Mountain Ridge Capital closed a $25 million senior secured credit facility for a U.S.-based designer and marketer of fitness equipment.
Mountain Ridge Capital closed a $15 million senior secured credit facility for ICU Eyewear, a West Coast-based designer and marketer of eyewear and eyewear accessories.
Alpine Ridge Funding, a factoring commercial finance company, announced its official launch. Strategically backed with equity from Mountain Ridge Capital, Alpine Ridge is focused on originating, underwriting and managing factoring facilities from $50,000 to $30 million.
Mountain Ridge Capital closed a $30 million senior secured credit facility for a Midwest-based designer and manufacturer of footwear, slippers and hosiery and a $25 million senior secured credit facility for a West Coast-based manufacturer and distributor of action sports products.