FREE MEMBERSHIP Includes » ABL Advisor eNews + iData Blasts | JOIN NOW ABLAdvisor Gray ABLAdvisor Blue
Skip Navigation LinksHome / News / Read News


Ares Commercial Finance Provides $15MM Senior Secured Credit Facility to PS Energy Group

August 03, 2022, 07:00 AM
Filed Under: Energy

Ares Commercial Finance provided a $15 million senior secured credit facility to PS Energy Group, Inc. PS Energy is a privately-owned, certified diverse and women-owned enterprise that provides transportation fuels, emergency fueling and fleet management technology and services to utilities, government and enterprise clients.

The credit facility consists of an asset based revolving line of credit. Proceeds of the credit facility will be used to refinance existing indebtedness and for ongoing working capital.



Week's News

Comments From Our Members

You must be an ABL Advisor member to post comments. Login or Join Now.