Alpine Ridge Funding Closes $5 Million Facility

Alpine Ridge Funding ("ARF") is pleased to announce the closing of a $5 million senior secured credit facility to an East Coast based logistics provider of importing, freight forwarding and warehousing services nationwide and globally.  With multiple locations throughout the United States, the company offers a complete supply chain management solution.  The ARF facility was used to refinance existing senior debt and will be utilized for working capital purposes to achieve growth/operational objectives.  ARF differentiated itself from competitors by providing additional liquidity and structural flexibility.

ARF’s Patrick Eakins stated, “This opportunity was an ideal fit for ARF in that it was consistent with our objective to provide meaningful, flexible capital solutions to well operated businesses with strong management teams.  We are excited for our partnership with the borrower and look forward to seeing their continued growth potential as a result of the finance facility.”

About Alpine Ridge Funding 

Alpine Ridge Funding is pleased to announce the closing of a $500,000 factoring facility for a Texas Based Security Guard Company.  Alpine Ridge Funding’s factoring facility was used to provide additional working capital and allows the company to take on new contracts and grow the business. This is the first client of 2024, and the Alpine Ridge Team is excited to assist companies with working capital needs. See Alpine Ridge Funding for more information.