Nevada based lender, broker and financial consulting firm Rising Bird Inc. has secured an $8.2m credit facility from Don Rose Oil Co. The funds will be used to refinance existing debt with better terms, help with the expansion of DRO and support general business operations.
Rising Bird worked closely with a specialized business lender to arrange a very flexible, and timely, credit facility. "The senior credit facility and working capital will increase our capabilities to provide our customers with quality products and services at a competitive rate and will take our company to the next level in our business expansion, and position our company to acquire similar petroleum products suppliers," said Mr. John Castellucci, CEO of Don Rose Oil. “The credit facility provides greater flexibility and reduces our cost. Rising Bird took a creative approach to find us what we need for our growth. I highly recommend Ali Neesaneh to any company trying to get financing in today’s challenging economy.”