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.
得克萨斯州弗里斯科，2024年4月23日 /PRNewswire/ — 由Arena Investors, LP（“Arena Investors”）支持的独立资产贷款和保理公司Mountain Ridge Capital（“MRC”）和Alpine Ridge Funding（“ARF”）兴奋地宣布关闭富国银行资本融资1.1亿美元的优先信贷额度。该融资机制将支持MRC和ARF在满足北美中间市场公司的信贷需求方面的持续增长。
"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."
富国银行资本金融董事总经理斯图尔特·海斯表示：“富国银行很高兴为MRC和ARF提供更大的财务灵活性，以推进其增长战略。”“我们期待与MRC和ARF团队建立长期关系，因为他们将继续扩大能力。”
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首席执行官克雷格·温斯洛指出：“我们很高兴与富国银行合作，再加上我们与Encina Lender Finance的现有设施，该融资机制的增加使我们有超过2亿美元的贷款人融资承诺，随着MRC和ARF继续扩大和为客户提供服务，这些融资能力提供了可观的增量融资能力。”
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董事总经理兼MRC管理委员会成员维克多·杜邦补充说：“Arena欢迎MRC与富国银行的关系，我们仍然支持MRC努力为北美的中小型企业提供有竞争力的灵活融资解决方案。”
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.
关于山岭资本：
Mountain Ridge Capital（“MRC”）是一家灵活、注重关系的贷款机构，为任何行业的企业提供流动性，用于多种用途。MRC侧重于发起、承保和管理承付额从500万美元到5000万美元不等的资产型商业贷款，为中低端市场企业提供高度定制的循环和定期贷款。有关更多信息，请参阅。
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.
关于阿尔卑斯山脊基金：
Alpine Ridge Funding（“ARF”）是一家灵活的、以客户为中心的融资提供商，为因各种原因需要营运资金的各行各业的企业提供服务。ARF专注于为美国和加拿大的中小型市场企业发起、承保和管理从5万美元到3000万美元不等的保理融资。有关更多信息，请参阅 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.
关于竞技场投资者：
Arena Investors是一家机构资产管理公司，与Westaim公司（多伦多证券交易所股票代码：WED）合作成立。截至2024年2月29日，Arena管理着约35亿美元的投资和承诺资产，并拥有一支全球团队，为在特殊情况下寻求资金的人提供创新的解决方案。该公司为员工提供数十年经验、对复杂性感到满意的记录、在时间限制内交付的能力，以及灵活地参与银行和其他传统金融机构无法处理的交易的个人。有关更多信息，请参阅。
Media Contacts:
媒体联系人：
Mountain Ridge Capital:
Craig Winslow
[email protected]
山岭资本：
克雷格·温斯洛
[电子邮件保护]
Prosek Partners:
Joshua Clarkson
[email protected]
Prosek 合作伙伴：
约书亚·克拉克森
[电子邮件保护]
Arena Investors, LP:
Parag Shah
[email protected]
竞技场投资有限责任公司：
帕拉格·沙阿
[电子邮件保护]
SOURCE Mountain Ridge Capital
来源：山岭资本