Mountain Ridge Capital ("MRC") closed a $6.0 million senior secured credit facility to a California based consumer products company. The MRC facility will be utilized for working capital purposes to achieve growth and operational objectives. MRC differentiated itself from competitors by providing a thoughtful approach and certainty to close.
MRC’s Trevor Courtney stated, “We are grateful for the opportunity to fund this revolving line of credit for a company that has a differentiated product offering and a compelling value proposition to its customers. We look forward to supporting its talented management team in growing their business.”