Mountain Ridge Capital (“MRC”) closed a $20 million senior secured credit facility for an Alabama-based manufacturer specializing in premium Class B1 recreational vehicles and outdoor lifestyle products. The facility will support the Company’s working capital needs and help drive its growth and operational initiatives. MRC distinguished itself from other lenders by delivering a swift and reliable closing process.
“We are pleased and excited to have closed this opportunity and welcome the Company into our expanding and growing portfolio. Our facility is unique in many ways, and we were able to structure a creative borrowing base to meet the customer’s needs. We look forward to long standing relationship” says Craig Winslow, CEO of Mountain Ridge Capital. With this closing, our portfolio at MRC exceeds $500 million in total commitments.