FREE MEMBERSHIP Includes » ABL Advisor eNews + iData Blasts | JOIN NOW ABLAdvisor Gray ABLAdvisor Blue
Skip Navigation LinksHome / Press Releases / Read Press Release


Ares Commercial Finance Provides $20MM Credit Facility to TBL Group

November 07, 2018, 08:01 AM
Filed Under: Transportation

Ares Commercial Finance announced that it has provided a $20 million senior secured revolving line of credit to TBL Group, Inc. (TBL).  TBL is supported by Enhanced Small Business Investment Company, LP.  Proceeds were used to refinance existing debt and fund future growth.

TBL Group, Inc. is headquartered in Houston, Texas and formed through the merger of AFC Transportation and Echo Transportation.  The combined company operates more than 250 vehicles and provides ground transportation in Houston, Dallas and the Southern United States.  The company supports the travel industry with its fleet of luxury sedans, executive vans, minibuses, school buses, transit buses, paratransit buses and motor coaches.  

Comments From Our Members

You must be an ABL Advisor member to post comments. Login or Join Now.