Mountain Ridge Capital, an asset-based trade finance company, is officially launched. Backed by equity from Arena Investors, Mountain Ridge Capital will focus on originating, underwriting and servicing asset-based commercial loans with a commitment size of $5 million to $30 million.
Mountain Ridge Capital will provide asset-based revolver and term loans to lower middle market businesses and use an industry-neutral approach to consider advancing against all types of collateral. Mountain Ridge Capital will target lending to private, family-owned, and private equity-backed businesses that need liquidity to support business transitions, including turnarounds, restructurings, acquisitions, and changes in ownership or control.
Craig Winslow will lead Mountain Ridge Capital as president and chief credit officer. He has 23 years of experience building working capital structures to help borrowers finance their cash needs, mergers or owner dividends. Prior to starting Mountain Ridge Capital, Winslow spent 23 years at GE Capital, where he held various management positions and underwrote and managed asset-based loans.
“Mountain Ridge Capital is excited to begin this journey – with the backing of Arena Investors – as a client-focused, asset-based lender,” Winslow said. “Our unique approach to stressful and non-stressed situations positions us in an exciting and growing place in today’s lending market.”