Huntington Business Credit closed a $10,000,000 new credit facility with American Nitrile Operations, LLC on December 12, 2023. Proceeds of the facility will be used to fund working capital and continued investment in glove production capacity.
American Nitrile Operations, LLC, headquartered in Grove City, Ohio, is a manufacturer of disposable nitrile gloves.
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.