BMO Harris Bank’s Asset Based Lending group, a leading provider of middle-market asset-based finance solutions, announced it acted as sole lender for a $45 million senior secured revolving credit facility to Spectro Alloys Corp.
Spectro Alloys Corp. is a secondary smelter and broker of aluminum and provides aluminum alloys to the casting and smelting industries.
BMO Harris Bank’s Asset-Based Lending team provides flexible financing solutions to help support acquisitions, recapitalizations, growth in working capital, restructurings, or turnaround situations.
Banking products and services are provided by BMO Harris Bank and are subject to bank and credit approval. BMO Harris Bank is a trade name used by BMO Harris Bank N.A. Member FDIC.