TSL Express Daily News
The Secured Lender
SFNet's Risk Mitigation Issue
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March 11, 2025
Source: Mountain Ridge Capital
FRISCO, Texas, March 11, 2025 - Mountain Ridge Capital (“MRC”) and Accord Financial, Inc. provided a senior secured credit facility totaling $45 million to a plastic moldings manufacturer. As an existing borrower, the Company has seen significant growth over the past year, prompting MRC to increase the facility size to better support its continued expansion.
Michael Carlson, Director of Originations for the Rockies and West Coast stated, “MRC always hopes to support our high growth borrowers through the next phase of their expansion efforts. Given the meaningful growth achieved over the past 10 months, we collaborated with the Company to quickly close a considerably larger working capital revolver to support the continued trajectory of the Company. The line increase occurred sooner than the group anticipated, but given MRC’s flexibility and speed of execution, we were able to meet the Borrower’s needs at a critical juncture.”
About Mountain Ridge Capital
Mountain Ridge Capital provides highly customized asset-based revolvers and term loans to middle-market businesses and utilizes an industry agnostic approach to consider advancing against all types of collateral. Mountain Ridge targets lending to privately-held, family-owned and private equity-backed businesses requiring liquidity to support business transitions, including turnarounds, restructuring, acquisitions and changes in ownership or control. The Mountain Ridge platform was created in partnership with Arena Investors, LP (www.arenaco.com) in response to the growing demand for non-bank debt financing, which can be secured without unnecessarily slow and cumbersome bank committees, extended due diligence cycles, or lengthy legal processes. MRC offers borrowers quick turnaround times and has a team of experts that understand all types of collateral, not just traditional A/R and inventory, which results in higher advance rates and more overall liquidity as compared to many traditional bank products. See www.mountainridgecap.com for more information.
Contact:
Daniel Williams – Managing Director Business Development – Northeast
Daniel.Williams@MountainRidgeCap.com
Jay Fabian – Managing Director Originations – Midwest
Jay.Fabian@mountainridgecap.com
Bill Drmacich – Managing Director Originations – Southeast
Bill.Drmacich@MountainRidgeCap.com
Michael Carlson – Director Business Development Rockies and West Coast
Michael.Carlson@MountainRidgeCap.com
Trevor Courtney – VP Originations Great Plains and Southwest
Trevor.Courtney@MountainRidgeCap.com