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Ares Commercial Finance Provides $5.5MM Credit Line to Fouts Bros.

August 18, 2015, 07:48 AM
Filed Under: Manufacturing

Ares Commercial Finance has funded a $5.5 million senior secured revolving line of credit to Fouts Bros. Inc. and Subsidiaries.  The facility refinanced the company’s existing line of credit, and will be used for ongoing working capital.  Founded in 1952 and headquartered in Smyrna, GA, Fouts Bros., Inc. and its wholly owned subsidiary Smyrna Truck & Cargo, LLC design and assemble fire apparatus and vocational vans and trucks.  Product lines include commercial tankers, brush/attack trucks, light rescue units and mini-pumpers.
Ares Commercial Finance LP 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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