Great Rock Capital Closes $33.5 Million Revolving Credit Facility
December 4, 2024
Source: Great Rock Capital
Working Capital to Drive Future Growth
Westport, CT – December 4, 2024 -- Great Rock Capital, an asset-focused commercial finance company specializing in middle market lending, today announced the closing of a $33.5 million senior secured revolving credit facility for an industry-leading blasting and abrasives company.
The credit facility, which also includes an additional $5 million accordion, will refinance existing debt and provide the company with growth capital and financial flexibility to advance the expansion of their business.
About Great Rock Capital
Great Rock Capital is an asset-focused commercial finance company that specializes in serving the needs of middle market companies across the United States and Canada. The Company provides fast, flexible, and creative financing solutions that maximize liquidity and provide growth capital. The senior secured credit facilities offered by the firm range in size from $10MM to $100MM and include working capital, term-heavy, and term-only loan structures not provided by traditional commercial lenders. The firm has significant capital commitments from its partners, a private equity business and a large institutional investor. To learn more, visit www.greatrockcapital.com.
Great Rock Capital Contact:
Jenn Cronin
Managing Director, Marketing and Business Development
(203) 557- 6277
cronin@greatrockcapital.com