FREE MEMBERSHIP Includes » ABL Advisor eNews + iData Blasts | JOIN NOW ABLAdvisor Gray ABLAdvisor Blue
 
Skip Navigation LinksHome / News / Read News

Print

Zions Bancorporation Closes $8MM ABL Credit Facility with Houston Steel Distributor

January 07, 2022, 07:00 AM
Filed Under: Distribution

Zions Bancorporation, through its Texas division, Amegy Bank of Texas, closed and funded an $8,000,000 credit facility for a wholesale distributor of steel products. The credit facility consisted of a multi-year revolving line of credit.   
 
Proceeds of the credit facility were used to refinance existing bank debt, support growth, and provide ongoing working capital needs.







Comments From Our Members

You must be an ABL Advisor member to post comments. Login or Join Now.