Huntington Business Credit closed a $20,000,000 new credit facility with Aurora Wholesalers, LLC (dba The Mazel Company) on August 4, 2023. Proceeds of the facility were used to refinance existing debt and provide ongoing working capital financing.
Aurora Wholesalers, LLC (dba The Mazel Company), headquartered in Solon, Ohio, is a wholesale distributor of closeout merchandise primarily consisting of housewares, toys, and hardware.
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.