Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a $30 million asset-based facility for general corporate purposes and working capital for Arhaus, LLC.
Based in Boston Heights, Ohio, Arhaus, LLC is a home furnishings retailer offering slipcovered, leather and custom-order seating, dining tables and chairs, bedroom furniture, outdoor and office furniture, seasonal accessories and bedding. The retailer currently operates 68 stores across the United States.