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


Mountain Ridge Capital Provides $15MM Credit Facility to Leading U.S. Textile Wholesaler

May 21, 2024, 07:55 AM
Filed Under: Textiles

Mountain Ridge Capital ("MRC") closed a $15 million senior secured credit facility to a leading U.S. textile wholesaler. Mountain Ridge was able to provide greater availability and flexibility than the previous bank arrangement, which was meaningful for both the acquisition and supports working capital liquidity for growth going forward.

MRC’s Trevor Courtney stated, “We are grateful to be partnering with an excellent management team, supporting their acquisition and the company’s next phase of growth.”

Week's News

Comments From Our Members

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