Fifth Third Business Capital, a division of Fifth Third Bank, announced it acted as sole lender and administrative agent on the funding of a $10,000,000 senior credit facility to Farmers Branch, Texas-based Kratos Building Products, Inc. (Kratos”). Kratos is a wholesale distributor of construction fasteners and steel building products. Fifth Third’s credit facility was used to refinance senior indebtedness and to fund working capital needs going forward.

“As a relatively new entrant to the competitive building products market, we took the time to understand the company’s value proposition to its vendors and customers. We structured a facility that provides Kratos with the flexibility for continued growth,” said Michael Sharkey, president of Fifth Third Business Capital.

“We considered many different lenders, but in the end, Fifth Third Business Capital, was the best fit for Kratos Building Products. Their belief in our vision and commitment to help us expand our overall business and distribution footprint set them apart from their peers. We are excited about our new relationship and feel this is the perfect relationship to supercharge our growth and ensure continuing success,” said Brad Martin, CEO of Kratos Building Products, Inc.