Huntington Business Credit announced it closed a new $10,000,000 credit facility with Mid America Freight Logistics, LLC on October 1, 2021. Proceeds of the facility were used to refinance existing indebtedness and to provide ongoing working capital growth financing.
               
Mid America Freight Logistics, LLC, located in St Louis, Missouri, is a logistics firm servicing consumer packaged goods and retail customers including niche markets of perishable, food grade and pharmaceuticals.
                        
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.