NetworkNewsBreaks – Great Rock Capital Closes $31.7M Term Loan with SMG Industries Inc. (SMGI)
Great Rock Capital, an asset-focused commercial finance company specializing in middle market lending, today announced the closing of a $31.7 million senior secured term loan facility with SMG Industries (OTCQB: SMGI). SMGI is a growth-oriented transportation services company focused on the domestic infrastructure logistics market. According to the update, the term loan was used to finance a strategic acquisition and merger of the Barnhart Transportation group of companies, an established logistics service provider for 20 years. Great Rock partnered with a leading commercial banking institution to create a financing structure that will maximize the company’s liquidity. “Great Rock customized a…







