Ares Commercial Finance provided a $25 million senior secured revolving line of credit to Herschel Supply Co., a Vancouver-based distributor and retailer of bags and accessories. Proceeds from the financing will provide the Company additional liquidity for working capital.

The Company is based in Vancouver, British Columbia, and is a leading supplier of bags and accessories. It offers backpacks, duffels, totes, cross-bodies, hip packs, hard- and soft-shell luggage, travel kits, casual apparel and accessories, such as wallets, pouches, headwear and tech sleeves, as well as items for kids. The Company sells to wholesalers, distributors, and directly to consumers through its e-commerce web-site, as well as through its retail stores in the Canada.