Mountain Ridge Capital ("MRC") closed a $30.8 million senior secured credit facility to a midwestern-based premier manufacturer and distributor of cabinet components and wood products for the Recreational Vehicle, cabinetry, and residential kitchen & bath industries. The MRC facility was used to refinance existing senior debt and will be utilized for working capital purposes and to achieve growth/operational objectives.  MRC differentiated itself from competitors by providing additional liquidity and structural flexibility.

MRC’s Jay Fabian stated, “This opportunity was a great fit for MRC in that it was consistent with our objective to provide meaningful, flexible capital solutions to good asset-intensive businesses with strong management teams.  We are excited for our partnership with the borrower and are anticipating shared success in the months ahead.”