Fifth Third Business Capital provided a $7 million revolving credit facility and $9 million real estate term loan to CA-based Orly International, Inc.
Founded in 1975 by Mr. Jeff Pink, Orly International is a manufacturer of branded professional nail salon and personal care products sold via nail salons, DTC and mass merchants throughout the world.
Fifth Third’s asset-based lending team and Fifth Third’s California middle market commercial banking team combined efforts to bring a full suite of financial products to Orly, including refinancing the company’s revolving line of credit and refinancing a real estate term loan for the company’s headquarters.