Mountain Ridge Capital (“MRC”) and Accord Financial, Inc. provided a senior secured credit facility totaling $45 million to a plastic moldings manufacturer. As an existing borrower, the Company has seen significant growth over the past year, prompting MRC to increase the facility size to better support its continued expansion.

Michael Carlson, Director of Originations for the Rockies and West Coast stated, “MRC always hopes to support our high growth borrowers through the next phase of their expansion efforts.  Given the meaningful growth achieved over the past 10 months, we collaborated with the Company to quickly close a considerably larger working capital revolver to support the continued trajectory of the Company.  The line increase occurred sooner than the group anticipated, but given MRC’s flexibility and speed of execution, we were able to meet the Borrower’s needs at a critical juncture.”