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News Stories (13 Results) - Mountain Ridge Capital

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... Read Story
February 19, 2024, 08:00 AM


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... Read Story
December 18, 2023, 07:54 AM


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... Read Story
December 04, 2023, 07:45 AM


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... Read Story
November 14, 2023, 07:51 AM


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... Read Story
October 18, 2023, 08:07 AM


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... Read Story
October 10, 2023, 07:53 AM


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... Read Story
October 09, 2023, 07:47 AM


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... Read Story
June 07, 2023, 07:35 AM


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... Read Story
May 02, 2023, 06:00 AM


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... Read Story
February 14, 2023, 08:01 AM


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... Read Story
January 30, 2023, 07:45 AM


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... Read Story
August 02, 2022, 08:05 AM


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... Read Story
July 14, 2022, 07:57 AM