Huntington Business Credit closed $88,302,000 in new credit facilities with Fourth Street Barbecue, Inc. on September 2, 2022. Proceeds of the facility were used to refinance existing debt and provide ongoing working capital growth financing.
Fourth Street Barbecue, Inc., headquartered in Charleroi, Pennsylvania, is a packer and distributor of frozen folds sold through the grocery industry.
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.