WhiteHawk Capital Partners, LP (WhiteHawk), a private credit investment manager focused on asset-based financing solutions, announced it has entered into an agreement with C3 Rentals, Inc. (C3 Rentals) to provide a US$100m asset-based loan (ABL) facility. C3 Rentals will use the proceeds of the facility to provide incremental liquidity for continued growth and to refinance existing debt.
C3 Rentals is a trailer rental business that partners with trailer dealerships nationwide to provide financing for a variety of trailers including cargo trailers, car hauler trailers, gooseneck trailers, and utility trailers. The Company is headquartered in Hattiesburg, MS.
“We are looking forward to our partnership with WhiteHawk and leveraging the resources they bring to the table. With them, we can continue to expand our business in the future,” said Craig Tatum, CEO of C3 Rentals.
