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Mountain Ridge Capital Provides $20MM Credit Facility to Apparel Manufacturer

June 19, 2024, 07:36 AM
Filed Under: Apparel

Mountain Ridge Capital ("MRC") closed a $20.0 million senior secured credit facility to a leading manufacturer and distributor of apparel. The MRC facility refinanced the debt of a regional finance company and will be utilized to assist their management team in achieving its growth and operating objectives.  The enhanced credit package from MRC provides additional liquidity and structural flexibility which will aid the Company in managing its cash needs.

MRC’s Dan Williams stated, “We are pleased to provide this credit facility to support the Company’s growth and operating objectives.”

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