Genesis Capital is pleased to announce Mountain Motorsports (“MMS”) has received a line of credit from BBVA Compass Bancshares, Inc. (“BBVA”) to support its continued growth.
Mountain Motorsports is one the largest and fastest growing powersports dealership networks in the U.S.; offering eleven premier brands of motorcycles, ATVs, PWCs and related accessories from eight locations across Georgia and Tennessee.
Ryan Hardwick, Co-Founder and CEO, said “Genesis Capital was instrumental to securing this line of credit for our floor plan financing and guided us through the entire process. Our partnership with BBVA Compass will help MMS continue to grow and provide its customers with an unparalleled selection of vehicles.”
Genesis Capital LLC acted as the investment banking advisor to Mountain Motorsports.
About Mountain Motorsports
Mountain Motorsports currently operates eight dealerships that represent eleven of the world's leading brands of motorcycles, ATV's, utility vehicles and personal watercraft. MMS, a family owned and operated business, is owned by longtime friends and professional jet ski racers, Ryan Hardwick and Dustin Farthing.
About BBVA Compass
BBVA Compass is a Sunbelt-based financial institution that operates 657 branches, including 342 in Texas, 89 in Alabama, 63 in Arizona, 61 in California, 45 in Florida, 38 in Colorado and 19 in New Mexico. BBVA Compass ranks among the top 25 largest U.S. commercial banks based on deposit market share and ranks among the largest banks in Alabama (2nd), Texas (4th) and Arizona (5th). BBVA Compass has been recognized as one of the leading small business lenders by the Small Business Administration (SBA) and ranked 5th nationally in the total number of SBA loans originated in fiscal year 2016. BBVA Compass is a wholly owned subsidiary of Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) (NYSE/BME:BBVA).