Mountain Ridge Capital closed a $60 million senior secured credit facility to a midwestern-based premier distributor of home health and personal wellness products.  The MRC facility was used to refinance existing senior debt and will be utilized for working capital purposes to achieve growth/operational objectives.  MRC differentiated itself from competitors by providing additional liquidity and structural flexibility, lending against a variety of asset classes in various legal jurisdictions.

MRC’s Jay Fabian stated, “This refinancing was a testament to MRC’s ability to craft individualized credit facilities tailored to the needs of its borrowers.  We are excited for our partnership with a strong ownership and management team that has shown its ability to successfully steward the business through a variety of economic cycles.”