FirstMerit Bank Business Credit announced it closed three transactions in December 2012. Details of the transactions are as follows:

Wellborn Forest Products, Inc.

FirstMerit Bank Business Credit closed a new $8,835,000 revolving credit loan and term loan facility to Wellborn Forest Products on December 13, 2012.  Proceeds of the facility were used to refinance existing debt and provide ongoing working capital. Wellborn Forest Products, Inc. is a portfolio company of Linsalata Capital Partners.

Wellborn Forest Products, Inc. headquartered in Alexander City, AL, is a designer and manufacturer of semi-custom hardwood cabinets serving the residential market throughout the Eastern United States.

Origin Point Brands, LLC

FirstMerit Bank Business Credit closed a new $10 million revolving credit loan facility to Origin Point Brands, LLC on December 21, 2012. Proceeds of the facility were used to refinance existing debt and provide additional working capital.

Headquartered in Charleston, SC, Origin Point Brands designs, imports and distributes home improvement products.

Arrow Tru-Line Holdings, Inc.

FirstMerit Bank Business Credit closed a new $18,441,000 revolving credit loan and term loan facility to Arrow Tru-Line Holdings, Inc. on December 26, 2012. Proceeds of the facility were used to refinance existing debt and provide ongoing working capital. Arrow Tru-Line Holdings, Inc. is a portfolio company of Long Point Capital.

Arrow Tru-Line Holdings, Inc., headquartered in Archbold, OH, manufactures overhead garage door parts including tracks, struts, angles, top and bottom brackets, hinges and lift handles.

FirstMerit Bank Business Credit provides working capital and term loan facilities to middle –market companies for acquisitions, LBO’s, MBO’s recapitalizations, rapid growth, seasonal working capital build-up, and turnaround situations.