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Ares Commercial Finance Closes $30MM Credit Facility with Capstone Nutrition

October 16, 2017, 07:15 AM
Filed Under: Nutrional Products

Ares Commercial Finance announced that it has provided a $30 million senior secured revolving line of credit to Cornerstone Research & Development, Inc. d.b.a Capstone Nutrition.  Proceeds of the financing were used to refinance the company’s existing debt and to support ongoing working capital needs.

Capstone Nutrition is a contract developer and manufacturer of nutritional supplements and vitamins for market leading customers throughout the world.  The company, headquartered in Ogden, UT, provides a complete set of manufacturing, laboratory, and product development services including custom product formulation, new product development, raw material sourcing, high speed tableting and coating, encapsulation, a full range of packaging, and inspection services.  For more information, please visit www.capstonenutrition.com.

 







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