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Great American Capital Partners Provides $20MM FILO Term Loan to General Finance Corp.

Date: Apr 19, 2017 @ 07:14 AM
Filed Under: Lender Finance

Great American Capital Partners, a wholly-owned subsidiary of B. Riley Financial, Inc., announced that a fund managed by GACP has entered into an agreement with General Finance Corporation to provide a $20 million term loan for certain subsidiaries of GFC.

"We are very pleased with this refinancing as it provides us with ongoing financial flexibility and nicely positions us for continued growth," said Ronald Valenta, Chairman of General Finance. "We look forward to our continuing mutually beneficial relationship with GACP."

 "Our industry experience and flexible financing strategy allowed us to demonstrate our ability to help companies like General Finance continue to pursue growth opportunities in their industry," said John Ahn, President of GACP. "We look forward to building upon our new relationship and working with the General Finance team."

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