Monroe Capital has funded a USD20.8 million unitranche credit facility to support the growth of Gracelock Industries.
Based in Los Angeles, California, Gracelock Industries is a privately-held e-commerce provider to the marine, power sports, and home décor industries with operations throughout North America.
Monroe Capital continues to expand its technology and e-commerce financing platform. Gracelock is an example of Monroe using its unitranche product to provide a complete financing solution to a growing e-commerce company.
