Great Rock Capital, an asset-focused commercial finance company specializing in middle market lending, today announced the close of a $100 million leverage facility with KeyBank National Association, one of the nation's largest bank-based financial services companies headquartered in Cleveland, Ohio.
The new facility will provide Great Rock Capital with further flexibility to offer creative financial solutions that maximize liquidity to middle market borrowers and will position the firm for continued growth.
"We are pleased to partner with KeyBank, an established leader in the lender finance market as we continue to buildout and grow the Great Rock platform," said Stuart Armstrong, CEO of Great Rock Capital.
"We are proud to add the Great Rock Capital relationship to our growing portfolio," said Rian Emmett, managing director of specialty finance lending for KeyBank. "We have more than $4.5 billion committed to the sector and are always looking to align ourselves with proven commercial finance lenders like Great Rock and their equity sponsors, which include Sightway Capital, a Two Sigma company and a large institutional investor. We look forward to supporting the company as they grow their platform over the years to come."