Mountain Ridge Capital and Alpine Ridge Funding Announce Closing of $110 Million Senior Credit Facility From Wells Fargo Capital Finance
Mountain Ridge Capital and Alpine Ridge Funding Announce Closing of $110 Million Senior Credit Facility From Wells Fargo Capital Finance
FRISCO, Texas, April 23, 2024 /PRNewswire/ -- Mountain Ridge Capital ("MRC") and Alpine Ridge Funding ("ARF"), independent asset-based lending and factoring companies backed by Arena Investors, LP ("Arena Investors"), are excited to announce the closing of a $110 million senior credit facility from Wells Fargo Capital Finance. The facility will support MRC's and ARF's continued growth in serving the credit needs of middle market companies across North America.
得克薩斯州弗里斯科，2024年4月23日 /PRNewswire/ — 由Arena Investors, LP（“Arena Investors”）支持的獨立資產貸款和保理公司Mountain Ridge Capital（“MRC”）和Alpine Ridge Funding（“ARF”）興奮地宣佈關閉富國銀行資本融資1.1億美元的優先信貸額度。該融資機制將支持MRC和ARF在滿足北美中間市場公司的信貸需求方面的持續增長。
"Wells Fargo is pleased to support MRC and ARF with additional financial flexibility to advance their growth strategy," said Stewart Hayes, Managing Director at Wells Fargo Capital Finance. "We look forward to building a long-term relationship with MRC and ARF teams as they continue to scale their capabilities."
富國銀行資本金融董事總經理斯圖爾特·海斯表示：“富國銀行很高興爲MRC和ARF提供更大的財務靈活性，以推進其增長戰略。”“我們期待與MRC和ARF團隊建立長期關係，因爲他們將繼續擴大能力。”
Craig Winslow, Chief Executive Officer of MRC, noted, "We are excited to partner with Wells Fargo, and combined with our existing facility we have with Encina Lender Finance, the addition of this facility allows us over $200 million of lender finance commitments which provide substantial incremental funding capacity as MRC and ARF continue to expand and service our customers."
MRC首席執行官克雷格·溫斯洛指出：“我們很高興與富國銀行合作，再加上我們與Encina Lender Finance的現有設施，該融資機制的增加使我們有超過2億美元的貸款人融資承諾，隨着MRC和ARF繼續擴大和爲客戶提供服務，這些融資能力提供了可觀的增量融資能力。”
Victor Dupont, Managing Director at Arena Investors and member of MRC's Board of Managers, added, "Arena welcomes MRC's relationship with Wells Fargo, and we remain supportive of MRC's efforts to provide competitive and flexible financing solutions for small and medium-sized enterprises across North America."
Arena Investors董事總經理兼MRC管理委員會成員維克多·杜邦補充說：“Arena歡迎MRC與富國銀行的關係，我們仍然支持MRC努力爲北美的中小型企業提供有競爭力的靈活融資解決方案。”
About Mountain Ridge Capital:
Mountain Ridge Capital ("MRC") is a nimble, relationship-focused lender offering liquidity to businesses in any industry and for a multitude of purposes. With an emphasis on originating, underwriting and managing asset-based commercial loans from $5 million to $50 million in commitment size, MRC provides highly customized revolver and term loans to lower middle market businesses. See for more information.
關於山嶺資本：
Mountain Ridge Capital（“MRC”）是一家靈活、注重關係的貸款機構，爲任何行業的企業提供流動性，用於多種用途。MRC側重於發起、承保和管理承付額從500萬美元到5000萬美元不等的資產型商業貸款，爲中低端市場企業提供高度定製的循環和定期貸款。有關更多信息，請參閱。
About Alpine Ridge Funding:
Alpine Ridge Funding ("ARF") is a flexible, client focused financing provider for businesses in a broad array of industries that need working capital for a variety of reasons. ARF focuses on originating, underwriting and managing factoring facilities from $50,000 to $30 million for small to middle-market businesses across the U.S. and Canada. See alpineridgefunding.com for more information.
關於阿爾卑斯山脊基金：
Alpine Ridge Funding（“ARF”）是一家靈活的、以客戶爲中心的融資提供商，爲因各種原因需要營運資金的各行各業的企業提供服務。ARF專注於爲美國和加拿大的中小型市場企業發起、承保和管理從5萬美元到3000萬美元不等的保理融資。有關更多信息，請參閱 alpineridgefunding.com。
About Arena Investors:
Arena Investors is an institutional asset manager founded in partnership with The Westaim Corporation (TSXV: WED). With approximately $3.5 billion of invested and committed assets under management as of February 29, 2024, and a global team, Arena provides creative solutions for those seeking capital in special situations. The firm brings individuals with decades of experience, a track record of comfort with complexity, the ability to deliver within time constraints, and the flexibility to engage in transactions that cannot be addressed by banks and other conventional financial institutions. See for more information.
關於競技場投資者：
Arena Investors是一家機構資產管理公司，與Westaim公司（多倫多證券交易所股票代碼：WED）合作成立。截至2024年2月29日，Arena管理着約35億美元的投資和承諾資產，並擁有一支全球團隊，爲在特殊情況下尋求資金的人提供創新的解決方案。該公司爲員工提供數十年經驗、對複雜性感到滿意的記錄、在時間限制內交付的能力，以及靈活地參與銀行和其他傳統金融機構無法處理的交易的個人。有關更多信息，請參閱。
Media Contacts:
媒體聯繫人：
Mountain Ridge Capital:
Craig Winslow
[email protected]
山嶺資本：
克雷格·溫斯洛
[電子郵件保護]
Prosek Partners:
Joshua Clarkson
[email protected]
Prosek 合作伙伴：
約書亞·克拉克森
[電子郵件保護]
Arena Investors, LP:
Parag Shah
[email protected]
競技場投資有限責任公司：
帕拉格·沙阿
[電子郵件保護]
SOURCE Mountain Ridge Capital
來源：山嶺資本
譯文內容由第三人軟體翻譯。