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Ares Commercial Finance Provides $30MM in Working Capital to Petersen-Dean, Inc.

July 24, 2017, 07:00 AM
Filed Under: Building Supply

Ares Commercial Finance announced that it has provided a $30 million senior secured credit facility to Petersen-Dean, Inc.

The company, headquartered in Fremont, California, is a certified designer and installer of American-made commercial and residential roofs and solar roofing systems. The credit facility consists of a working capital revolver. Proceeds of the financing were used for working capital and to refinance the company’s existing debt.

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