Mountain Ridge, Alpine Ridge close $110 million senior credit facility

By Marisa Wong

Los Angeles, April 23 – Mountain Ridge Capital and Alpine Ridge Funding closed a $110 million senior credit facility from Wells Fargo Capital Finance, according to a press release.

The companies said the facility will support their continued growth in serving the credit needs of middle market companies across North America.

Based in Frisco, Tex., Mountain Ridge and Alpine Ridge are independent asset-based lending and factoring companies backed by Arena Investors, LP.

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