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Ares Commercial Finance Provides $10MM Working Capital Revolver to ClearCaptions LLC

September 05, 2017, 07:15 AM
Filed Under: Medical

Ares Commercial Finance announced that it has provided a $10 million senior secured credit facility to ClearCaptions LLC.

The company, headquartered near Sacramento, CA, is a provider of phone equipment and captioning services for people with hearing loss. The credit facility consists of a working capital revolver. Proceeds of the financing were used to support the ongoing working capital needs of the company.

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