Mountain Ridge Capital ("MRC") closed an $8.0 million senior secured credit facility to a New York-based consumer products company. The MRC facility will be utilized for working capital purposes to achieve growth/operational objectives. MRC...
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April 23, 2025, 08:10 AM
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Mountain Ridge Capital (“MRC”) and Accord Financial, Inc. provided a senior secured credit facility totaling $45 million to a plastic moldings manufacturer. As an existing borrower, the Company has seen significant growth over the past year...
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March 12, 2025, 08:05 AM
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Mountain Ridge Capital closed a $60 million senior secured credit facility to a midwestern-based premier distributor of home health and personal wellness products. The MRC facility was used to refinance existing senior debt and will be utilized for...
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February 25, 2025, 07:58 AM
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Mountain Ridge Capital announced the promotions of Tree Buckingham, Matt Salatti, and Will Tyler. Buckingham will take over as Chief Operating Officer managing operations and IT for MRC and sister factoring company, Alpine Ridge Funding (“Alpine”)....
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January 17, 2025, 08:15 AM
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S&W Seed Company closed a new $25 million revolving credit agreement with ABL OPCO LLC ("Mountain Ridge") which replaces an existing facility with CIBC Bank USA.In connection with the Company's entry into the Mountain Ridge credit agreement, MFP...
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December 24, 2024, 08:15 AM
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Mountain Ridge Capital ("MRC") closed a $25 million senior secured credit facility to a U.S.-based contract manufacturer of industrial parts and tools designed to serve the aerospace and defense and industrial sectors. The MRC facility refinanced...
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October 22, 2024, 08:10 AM
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Mountain Ridge Capital ("MRC") closed a new credit facility for Owlet, Inc. The new agreement provides for a three-year revolving credit facility of up to $15 million, increasing to up to $20 million on the first anniversary of closing. The...
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September 24, 2024, 07:55 AM
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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...
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June 19, 2024, 07:36 AM
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Mountain Ridge Capital ("MRC") closed a $30.8 million senior secured credit facility to a midwestern-based premier manufacturer and distributor of cabinet components and wood products for the Recreational Vehicle, cabinetry, and residential kitchen &...
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June 04, 2024, 07:55 AM
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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...
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May 21, 2024, 07:55 AM
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Mountain Ridge Capital ("MRC") and Alpine Ridge Funding ("ARF"), independent asset-based lending and factoring companies backed by Arena Investors closed a $110 million senior credit facility from Wells Fargo Capital Finance. The facility will...
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April 24, 2024, 08:02 AM
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Danimer Scientific, a leading next generation bioplastics company focused on the development and production of biodegradable materials, announced that on April 19, 2024, it entered into an asset-based revolving credit and security agreement with...
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April 23, 2024, 08:00 AM
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Mountain Ridge Capital ("MRC") closed a $24 million senior secured credit facility for a national fashion apparel distributor. The MRC facility refinanced the debt of another lender and will be utilized to manage through working capital cyclicality...
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April 16, 2024, 08:03 AM
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Mountain Ridge Capital ("MRC") closed a $30 million senior secured credit facility for a regional distributor focused on fast food and fast casual dining. The MRC facility refinanced the debt of another lender and will be utilized to manage through...
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March 19, 2024, 07:56 AM
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Mountain Ridge Capital (MRC) closed a $29 million senior secured credit facility for a category-leading designer and manufacturer of plastic injection products. MRC’s facility was used to refinance the debt of a regional commercial bank, fund an...
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February 19, 2024, 08:00 AM
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Mountain Ridge Capital (MRC) closed a $15 million senior secured credit facility for a category-leading international consumer beverage company. MRC’s facility was used to refinance the debt of a national commercial bank and will be used going...
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December 18, 2023, 07:54 AM
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Mountain Ridge Capital ("MRC") closed a $25 million senior secured credit facility to a U.S.-based designer and marketer of fitness equipment. The MRC facility refinanced the debt of another lender; the proceeds will be used to assist the Borrower’s...
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December 04, 2023, 07:45 AM
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Mountain Ridge Capital ("MRC") closed a $15 million senior secured credit facility to ICU Eyewear, Inc (wholly owned subsidiary of 1847 Holdings, LLC). ICU is a west coast-based designer and marketer of eyewear and eyewear accessories. MRC's...
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November 14, 2023, 07:51 AM
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Alpine Ridge Funding, a factoring commercial finance company, announced its official launch. Strategically backed with equity from Mountain Ridge Capital, Alpine Ridge is focused on originating, underwriting, and managing factoring facilities from...
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October 18, 2023, 08:07 AM
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Mountain Ridge Capital ("MRC") closed a $25 million senior secured credit facility for a west coast-based leading manufacturer and distributor of action sports products. MRC's facility was used to refinance the debt of a national commercial bank and...
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October 10, 2023, 07:53 AM
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Mountain Ridge Capital ("MRC") closed a $30 million senior secured credit facility for a Midwest-based designer and manufacturer of footwear/slippers/hosiery. MRC's facility was used to refinance the debt of a competing nonbank lender and will be...
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October 09, 2023, 07:47 AM
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Mountain Ridge Capital hired Daniel Williams as a Managing Director of Business Development covering the Northeast region. Mountain Ridge seeks to provide creative asset-based financing solutions that commercial banks do not wish to provide or cannot...
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June 07, 2023, 07:35 AM
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Mountain Ridge Capital closed a senior secured credit facility for a southeast commercial bakery operation. The new credit facility, consisting of a $3 million revolving line of credit and a $3 million term loan, refinanced a national commercial bank...
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May 02, 2023, 06:00 AM
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Encina Lender Finance closed a $50MM senior secured credit facility for Mountain Ridge Capital, an asset-based commercial finance company backed by Arena Investors, LP.Ed Chang, CEO of ELF, said, “We are proud to support Mountain Ridge Capital and...
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February 14, 2023, 08:01 AM
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Mountain Ridge Capital and Great Rock Capital jointly announced the closing of a senior secured credit facility for HOP Energy, LLC (“HOP”). Founded in 1995 and headquartered in White Plains, NY, HOP Energy is a market-leading home services provider...
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January 30, 2023, 07:45 AM
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Mountain Ridge Capital announced the hiring of Bill Drmacich and Jay Fabian as Managing Directors of Business Development. Mountain Ridge seeks to provide creative asset-based financing solutions that commercial banks do not wish to provide or cannot...
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August 02, 2022, 08:05 AM
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Solifi, a global fintech software partner for secured finance, announced that Mountain Ridge Capital (MRC) selected and recently deployed Solifi’s asset-based lending (ABL) software solution. A start-up ABL independent with seasoned finance...
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July 14, 2022, 07:57 AM
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