Huntington Business Credit announced it closed $8,000,000 in new credit facilities with Executive Cabinetry on May 4, 2021.
Executive Cabinetry, LLC is a portfolio company of Gridiron Capital, a middle market private equity firm headquartered in New Canaan, CT. Proceeds of the facilities were used to refinance existing indebtedness and to provide ongoing working capital growth financing. Executive Cabinetry, LLC, located in Simpsonville, SC, designs and manufactures customized kitchen and bath cabinetry at a variety of price points.
Huntington 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.