Huntington Business Credit closed a new credit facility with Needler Enterprises, Inc. on February 27, 2023. Proceeds of the facility were used to refinance existing debt and provide ongoing working capital growth financing.
Needler Enterprises, Inc., headquartered in Findlay, Ohio, is an operator of grocery stores throughout Western Ohio, Eastern Indiana and Western Florida.
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.