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Ares Commercial Finance Supports Refi of Denver Hardwood

June 17, 2019, 09:05 AM
Filed Under: Distribution

Ares Commercial Finance announced that it has provided a senior secured credit facility to Denver Hardwood Co. Incorporated and certain of its subsidiaries and affiliates.  The proceeds will be used to refinance the company’s existing credit facility and for ongoing working capital.

Denver Hardwood Co. Incorporated, the main operating company, is a wholesale distributor of quality hardwood and hard surfaces flooring & installation products.  They have a coast-to coast footprint operating through six divisions including Rio Grande Flooring Distributors, Cascade Pacific Flooring Distributors, North Georgia Flooring, Lockwood Flooring and Bison Hardwood, with multiple branches within each division, operating across 11 states under the marketing name FDG (Flooring Distribution Group).

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