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Great Rock Capital Upsizes Leverage Facility with KeyBank

June 14, 2023, 07:00 AM
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Topic: Industry News

Great Rock Capital, an asset-focused commercial finance company specializing in middle market lending, announced the upsize of its leverage facility with KeyBank National Association, one of the nation's largest bank-based financial services companies headquartered in Cleveland, OH. The leverage facility agented by KeyBank provides over $450 million of capital and includes the recent additions of new lending partners First Citizens Bank, Regions Bank and Synovus Financial Corp.

"KeyBank is pleased to further expand the lending capacity and support Great Rock Capital's growth initiatives," said Chris Tucker, Managing Director, KeyBank Specialty Finance Lending. "We look forward to the continued partnership and building on this strong foundation in the years ahead."

"Our strong relationship with KeyBank and the other lending partners in our facility has been an important aspect to the ongoing growth and success of our platform," said Stuart Armstrong, CEO of Great Rock Capital. "After a record year in 2022, the expansion of our capital base will allow Great Rock to continue supporting the liquidity needs of middle market companies across North America as they execute on their strategic business initiatives."

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