WhiteHawk Capital Partners entered into an agreement with C3 Rentals, Inc. to provide a $100 million asset-based credit facility. C3 Rentals will use the proceeds of the financing to provide incremental liquidity for continued growth and to refinance existing debt.
C3 Rentals is a trailer rental business that partners with trailer dealerships nationwide to provide financing for a variety of trailers including cargo trailers, car hauler trailers, gooseneck trailers, and utility trailers. The Company is headquartered in Hattiesburg, MS.
“We are looking forward to our partnership with WhiteHawk and leveraging the resources they bring to the table. With them, we can continue to expand our business in the future,” said Craig Tatum, CEO of C3 Rentals.
“We are excited about our ongoing partnership with a business that provides trailer financing alternatives to thousands of customers across the country and believe C3 Rentals is well positioned to continue growing their business,” said Brad Huge, WhiteHawk Managing Director.