Great Rock Capital Secures $75 Million Credit for Pacific Ag

Great Rock Capital Closes $75 Million Credit Facility

Liquidity to drive growth and market expansion

Great Rock Capital, a commercial finance powerhouse focused on the middle market, has successfully finalized a remarkable $75 million senior secured credit facility for Pacific Ag. This financing will greatly help Pacific Ag, which stands as North America's foremost company in crop residue harvesting and supply. With nearly three decades of unwavering dedication to the agriculture sector, Pacific Ag has built a reputation for reliability and excellence, providing top-notch crop residue and forage products.

This newly secured capital not only refinances existing debt but also supports a strategic acquisition. Furthermore, it empowers Pacific Ag with the liquidity necessary to bolster its expanding operations. Notably, this tailored debt facility comprises a revolver, a term loan, and a delayed draw term loan, designed for maximum flexibility in usage.

Bill Levy, the visionary Founder and CEO of Pacific Ag, remarked, "Our commitment to innovative agricultural practices has been paramount. With the solid backing of Great Rock Capital's credit facility, we can enhance our support for operations, broaden our service offerings, and effectively seize the growth opportunities that are emerging in our industry."

Echoing this sentiment, Stuart Armstrong, CEO of Great Rock Capital, stated, "We are thrilled to provide this successful company with fresh growth capital. Collaborating with such a remarkable management team, we are excited to help Pacific Ag expand its reach within the industry, while continuing to offer exceptional feedstock solutions to its customer base."

About Great Rock Capital
Great Rock Capital is dedicated to facilitating growth in middle-market companies across the United States and Canada by offering innovative commercial finance solutions. The firm focuses on delivering fast and flexible financing, which maximizes liquidity and supports capital for growth. Their senior secured credit facilities vary in size from $15 million to $150 million, accommodating different financial needs, including working capital and term loans that traditional lenders might not provide.

About Pacific Ag
As North America's leading harvester and marketer of crop residue, Pacific Ag operates the largest harvest fleet globally. The company collaborates with thousands of growers and manages operations in numerous U.S. states and Canadian provinces. Its commitment to sustainability and innovation has created significant value within the agriculture sector and has positively impacted rural economies for over 27 years.

Great Rock Capital Contact:
Jenn Cronin
Managing Director, Marketing and Business Development
(203) 557-6277

Frequently Asked Questions

What is the significance of the $75 million credit facility?

The $75 million credit facility is crucial for Pacific Ag as it allows for refinancing existing debts and supports further growth and strategic acquisitions.

How does this financing impact Pacific Ag’s operations?

This financing provides Pacific Ag with necessary liquidity to enhance its operational capabilities and broaden its service offerings within the agriculture sector.

Who is Bill Levy?

Bill Levy is the Founder and CEO of Pacific Ag, recognized for his leadership in promoting innovative agricultural solutions and enhancing crop residue harvesting practices.

What role does Great Rock Capital play in this partnership?

Great Rock Capital provides essential growth capital that facilitates Pacific Ag’s strategic initiatives, allowing them to expand their industry footprint.

How does Pacific Ag contribute to sustainability in agriculture?

Pacific Ag creates value and drives sustainability by offering innovative solutions that support agricultural practices, positively impacting rural economies.

About The Author

Greetings, I'm 32-year-old author and financial specialist Evelyn Baker. My introduction into the financial industry started with an economics degree and continued with a wealth of experience in wealth management and financial consulting. My great passion over the years has been assisting people and companies in making wise, well-informed decisions to reach their financial objectives.

My goal with writing is to simplify difficult financial ideas into understandable, doable guidance. My goal in writing many books and articles is to make personal finance understandable to everyone, irrespective of their experience or background. I want to give readers the information they need to take charge of their financial futures, from investing and retirement planning to budgeting and saving.

Along with my writing, I lead webinars and workshops where I provide doable advice and methods for achieving financial success. To reach a larger audience, I also frequently contribute to financial blogs and publications. My method is always to offer doable, real-world guidance that can actually improve people's lives.

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