Huntington Business Credit closed a $35,000,000 new credit facility with Sports Endeavors, Inc. on August 18, 2022. Sports Endeavors, Inc. is a new portfolio investment for Seawall Capital LLC, a private equity investment firm located in Austin, Texas. Proceeds of the facility were used to finance the acquisition and provide ongoing working capital growth financing.
               
Sports Endeavors headquartered in Hillsborough, North Carolina, is a soccer-focused direct-to-consumer retailer providing soccer apparel, gear, customized team uniforms.  
                         
Huntington Business Credit provides working capital and term loan facilities to large corporate and middle market companies for acquisitions, LBO’s, MBO’s recapitalizations, rapid growth, seasonal working capital build-up, and turnaround situations.