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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