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Ares Commercial Finance Provides $2MM Credit Line to Mindcrest

May 28, 2015, 07:27 AM
Filed Under: Legal

Ares Commercial Finance has funded a $2 million senior secured revolving line of credit to Mindcrest, Inc.

Mindcrest, Inc. and its wholly-owned subsidiary Mindcrest India Private Limited provide legal services to various corporate and law firm clients in the United States, Europe and Asia.  The company, founded in 2001, provides legal services principally in the areas of legal publishing, contracts lifecycle management, compliance, and litigation support.  The line of credit will provide ongoing working capital support for the company’s rapidly growing legal services platform, which had previously been financed internally.
Ares Commercial Finance LP (“Ares Commercial Finance”) is a limited partnership formed by Ares Management, L.P., a publicly traded, leading global alternative investment manager and parent to several registered investment advisers. This information is not an offer to sell, or the solicitation of an offer to purchase, any security, the offer and/or sale of which can only be made by definitive offering documentation.

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