Huntington Business Credit closed a $35,000,000 new credit facility with SupplyCore Inc. on May 19, 2023. Proceeds of the facility were used to refinance existing debt and provide ongoing working capital financing.
SupplyCore Inc., headquartered in Rockford, Illinois, is a supply chain and procurement operation serving various US military, government, and defense locations.
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.