Ares Commercial Finance Provides $25 Million in Senior Secured Financing for Real Good Foods

September 9, 2026

Source: Ares Commercial Finance (“ACF”)

NEW YORK – September 9, 2026 – Ares Commercial Finance (“ACF”) announced today that it provided a $25 million senior secured asset-based revolving line of credit to Real Good Foods (“RGF” or the “Company”), a Bolingbrook, Illinois-based producer of branded, health-focused foods dedicated to nutritious, protein-rich meal solutions that align with consumer dietary preferences.

“We are pleased to provide this flexible financing for Real Good Foods,” said Srid Kannan, Managing Director, Ares Commercial Finance. “Real Good Foods' diversified customer base, significant growth and established brand made the Company a strong fit for our asset-based lending platform. We look forward to supporting management as they pursue the Company's next phase of growth.”

“We are excited to welcome Ares Commercial Finance as Real Good Foods' new revolving lender,” said Jeff Gronbeck, Chief Financial Officer, Real Good Foods. “Ares worked closely with our team throughout the process and delivered a flexible financing solution that enhanced liquidity and positions the company to execute on its strategic and operational objectives.”

Proceeds from the financing will be used to refinance existing indebtedness and for ongoing working capital.

About Real Good Foods

Real Good Foods’ offerings span multiple categories, including breaded chicken products, entrées, burritos, bowls, snacks, and other prepared meals. RGF differentiates itself through a commitment to using real ingredients and innovative recipes that support high-protein and low-carbohydrate lifestyles, appealing to consumers seeking healthier options without sacrificing convenience or flavor.  RGF’s products are distributed through a broad network of national retailers, including grocery, club, mass merchandise, and specialty channels, providing significant market reach and brand visibility. For more information visit www.realgoodfoods.com.

About Ares Commercial Finance

Ares Commercial Finance (“ACF”) is the commercial finance platform of Ares Management Corporation. ACF provides credit facilities up to $1 billion to middle market and lower-middle market companies. ACF addresses a wide scope of industries including manufacturing, distribution, wholesale, retail and consumer products and services as well as hospitals, skilled nursing facilities, and all other segments of the healthcare sector. Leveraging the diverse product offering and experience of the Ares platform, ACF collaborates with borrowers to deliver creative, flexible, and customized financing solutions for a variety of financing needs: general refinancing, working capital/growth, acquisitions, restructuring/turnaround situations, debtor-in-possession/exit financing, and special situations financing. For more information on ACF visit www.ares.com.

About Ares Management Corporation

Ares Management Corporation (NYSE: ARES) is a leading global alternative investment manager offering clients complementary primary and secondary investment solutions across the credit, real estate, private equity and infrastructure asset classes. We seek to advance our stakeholders' long-term goals by providing flexible capital that supports businesses and creates value for our investors and within our communities. By collaborating across our investment groups, we aim to generate consistent and attractive investment returns throughout market cycles. As of June 30, 2026, Ares Management Corporation's global platform had over $671 billion of assets under management, with operations across North America, South America, Europe, Asia Pacific and the Middle East. For more information, please visit www.ares.com.

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