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News Stories (48 Results) -
Huntington Business Credit
Huntington Business Credit closed a $50,000,000 new credit facility with Elements International Group, LLC on August 27, 2024. Proceeds of the facility were used to refinance existing debt and provide ongoing working capital financing.Elements...
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September 27, 2024, 08:00 AM
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Huntington Business Credit closed $18,000,000 in new credit facilities with Garick, LLC on August 9, 2024. Proceeds of the facility were used to facilitate the acquisition by the original founder, refinance existing debt, and provide ongoing working...
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September 05, 2024, 07:55 AM
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Huntington Business Credit closed $99,000,000 in new credit facilities with Lumbermen’s Inc. on June 25, 2024. Proceeds of the facility were used to refinance existing debt and provide ongoing working capital financing.Lumbermen’s Inc., headquartered...
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July 18, 2024, 07:52 AM
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Huntington Business Credit acting as administrative agent closed $70,000,000 in new credit facilities with financing partners Proterra Investment Partners and Farm Credit Services of America to support Stellex Capital Management’s acquisition of The...
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June 18, 2024, 07:38 AM
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Huntington Business Credit closed $38,000,000 in new credit facilities with Royal Chemical Company, Ltd. on April 30, 2024. Proceeds of the facility were used to refinance existing debt and provide ongoing working capital financing.
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May 13, 2024, 08:00 AM
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Huntington Business Credit closed a $45,000,000 new credit facility with SDB Trade International, LLC on February 16, 2024. Proceeds of the facility were used to refinance existing debt and provide ongoing working capital financing.SDB Trade...
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March 20, 2024, 07:53 AM
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Huntington Business Credit closed a $10,000,000 new credit facility with Capital Wholesale Drug Company on January 26, 2024. Proceeds of the facility were used to refinance existing debt and provide ongoing working capital financing.Capital Wholesale...
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March 14, 2024, 07:51 AM
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Huntington Business Credit closed $13,000,000 in new credit facilities with C&K Industrial Services, Inc. on December 28, 2023. Proceeds of the facility were used to refinance existing debt and provide ongoing working capital financing.C&K Industrial...
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February 14, 2024, 07:50 AM
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Huntington Business Credit acting as Lead Arranger and Administrative Agent closed $200,000,000 new credit facilities with Daedong-USA, Inc., on December 20, 2023. Proceeds of the facility were used to refinance existing debt and provide ongoing...
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February 02, 2024, 08:00 AM
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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...
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January 26, 2024, 07:48 AM
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Huntington National Bank has expanded its Huntington Business Credit team with the addition of a Washington, D.C.-based group focused on asset-based lending in the healthcare industry. Huntington Business Credit provides companies with working...
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December 01, 2023, 08:06 AM
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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...
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August 29, 2023, 07:55 AM
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Huntington Business Credit acting as Administrative Agent closed a $70,000,000 new credit facility with Express Funeral Funding, LLC on June 23, 2023. Proceeds of the facility were used to refinance existing debt and provide ongoing working capital...
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July 18, 2023, 07:53 AM
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Huntington Business Credit closed a $40,000,000 new credit facility with Tex-Tube Company on May 25, 2023. Proceeds of the facility were used to refinance existing debt and provide ongoing working capital financing.Tex-Tube Company, headquartered in...
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June 26, 2023, 08:24 AM
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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...
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June 16, 2023, 07:40 AM
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Huntington Business Credit closed $39,400,000 in new credit facilities with Santmyer Companies, Inc. on March 31, 2023. Proceeds of the facility were used to finance an acquisition, refinance existing debt and provide ongoing working capital growth...
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April 18, 2023, 08:02 AM
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Huntington Business Credit closed a new credit facility with Needler Enterprises, Inc. on February 27, 2023. Proceeds of the facility were used to refinance existing debt and provide ongoing working capital growth financing.Needler Enterprises, Inc....
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April 06, 2023, 07:54 AM
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Huntington Business Credit closed a $25,000,000 new credit facility with Vanguard International Solutions, Inc. on December 30, 2022. Proceeds of the facility were used to refinance existing debt and provide ongoing working capital growth...
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February 01, 2023, 08:00 AM
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Huntington Business Credit closed $16,000,000 in new credit facilities with Polymerica Limited Company & Subsidiaries on December 8, 2022. Proceeds of the facility were used to refinance existing debt, support a partial recapitalization of the...
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January 24, 2023, 07:56 AM
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Huntington Business Credit closed $36,000,000 in new credit facilities with Trumbull Industries, Inc. on October 3, 2022. Proceeds of the facility were used to refinance existing debt, support a partial recapitalization of the Company, and provide...
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December 13, 2022, 08:00 AM
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Huntington Business Credit acting as Administrative Agent, Bookrunner and Lead Arranger closed a $150,000,000 new credit facility with Leader Global Solutions, LLC on September 23, 2022. Proceeds of the facility were used to refinance existing debt...
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November 30, 2022, 07:58 AM
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Huntington Business Credit closed $88,302,000 in new credit facilities with Fourth Street Barbecue, Inc. on September 2, 2022. Proceeds of the facility were used to refinance existing debt and provide ongoing working capital growth financing....
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November 18, 2022, 07:55 AM
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Huntington Business Credit closed a $35,000,000 new credit facility with Sports Endeavors, Inc. on August 18, 2022. Sports Endeavors, Inc. is a new portfolio investment for Seawall Capital LLC, a private equity investment firm located in Austin...
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September 12, 2022, 07:59 AM
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Huntington Business Credit closed a $35,000,000 new credit facility with Sunbelt Modular, Inc. on August 15, 2022. Sunbelt Modular, Inc. is a new portfolio investment for MSouth Equity Partners, a private equity investment firm located in Atlanta...
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August 31, 2022, 07:45 AM
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Huntington Business Credit closed $53,500,000 new credit facilities with Mol-Son, LLC and combined companies on July 29, 2022. Proceeds of the facility were used to refinance existing indebtedness and provide ongoing working capital growth...
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August 24, 2022, 07:55 AM
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Huntington Business Credit closed a $13,000,000 new credit facility with G.P. De Silva Spices, Incorporation on July 15, 2022. Proceeds of the facility were used to refinance existing indebtedness and provide ongoing working capital growth financing....
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August 17, 2022, 07:46 AM
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Huntington Business Credit closed a $20,000,000 new credit facility with Spirit Pharmaceuticals, LLC on July 6, 2022. Proceeds of the facility were used to refinance existing indebtedness and provide ongoing working capital growth...
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August 09, 2022, 08:06 AM
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Huntington Business Credit closed $35,000,000 in new credit facilities with American Kenda Rubber Industrial Co. Ltd. (dba Kenda USA) on June 28, 2022. Proceeds of the facility were used to refinance existing indebtedness and provide ongoing working...
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July 28, 2022, 07:59 AM
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Huntington Business Credit acting as Administrative Agent, Bookrunner and Lead Arranger closed a $175,000,000 new credit facility with Second Avenue Capital Partners, LLC on June 27, 2022. Proceeds of the facility were used to refinance existing...
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July 15, 2022, 08:00 AM
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Huntington Business Credit closed $63,200,000 in new credit facilities with Ardisam, Inc. on June 22, 2022. Proceeds of the facility were used to refinance existing indebtedness and provide ongoing working capital growth financing. ...
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July 06, 2022, 07:54 AM
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Huntington Business Credit closed $24,000,000 in new credit facilities with McGregor Metal Holdings LLC on June 10, 2022. Proceeds of the facility were used to refinance existing indebtedness and provide ongoing working capital growth...
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June 22, 2022, 07:49 AM
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Huntington Business Credit closed $13,536,000 in new credit facilities with Mills Products, LLC on May 24, 2022. Proceeds of the facility were used to provide acquisition financing and to provide ongoing working capital growth financing. ...
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June 16, 2022, 07:58 AM
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Huntington Business Credit acting as Administrative Agent, Joint Bookrunner and Joint Lead Arranger closed a new $550,000,000 credit facility with Designer Brands Inc. on March 30, 2022. Proceeds of the facility were used to refinance existing debt...
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May 03, 2022, 07:37 AM
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Huntington Business Credit closed a new $20,000,000 credit facility with Atlas Wire, LLC on December 31, 2021. Proceeds of the facility were used to assist an acquisition and to provide ongoing working capital growth financing. Atlas...
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February 04, 2022, 07:39 AM
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Huntington Business Credit closed a new $150,000,000 credit facility with Dakkota Integrated Systems on December 13, 2021. Proceeds of the facility were used to refinance existing debt and to provide ongoing working capital growth...
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January 24, 2022, 07:56 AM
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Huntington Business Credit closed a new $25,000,000 credit facility with Ames Copper Group, LLC on November 19, 2021. Proceeds of the facility were used to finance start-up expenses and to provide ongoing working capital growth...
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December 08, 2021, 07:55 AM
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Huntington Business Credit announced it closed a new $10,000,000 credit facility with Mid America Freight Logistics, LLC on October 1, 2021. Proceeds of the facility were used to refinance existing indebtedness and to provide ongoing working capital...
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October 22, 2021, 08:00 AM
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Huntington Business Credit closed a new $15,000,000 credit facility with Bayloff Stamped Products Detroit on August 12, 2021. Proceeds of the facility were used to refinance existing indebtedness and to provide ongoing working capital growth...
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September 09, 2021, 07:35 AM
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Huntington Business Credit closed a new $60,000,000 credit facility with TeleTracking Technologies, Inc. on June 28, 2021. Proceeds of the facility were used to refinance existing indebtedness and to provide ongoing working capital growth financing....
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August 17, 2021, 08:00 AM
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Huntington Business Credit announced it closed $8,000,000 in new credit facilities with Executive Cabinetry on May 4, 2021. Executive Cabinetry, LLC is a portfolio company of Gridiron Capital, a middle market private equity firm headquartered in New...
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June 17, 2021, 08:00 AM
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Huntington Business Credit closed a new $20,000,000 credit facility with an Information Technology Value Added Reseller on April 28, 2021. Proceeds of the facility were used to refinance existing indebtedness and to provide ongoing working capital...
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June 03, 2021, 07:55 AM
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Huntington Business Credit closed new $34,000,000 in credit facilities with Golding Farms Foods on April 14, 2021. Proceeds of the facilities were used in conjunction with investments provided by Centre Partners and Yukon Partners to refinance...
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May 28, 2021, 08:00 AM
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Huntington Business Credit closed a new $45,000,000 credit facility with SOL Acceptance, LLC on March 31, 2021. Proceeds of the facility were used to refinance existing indebtedness and to provide ongoing working capital growth financing....
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May 17, 2021, 08:19 AM
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Huntington Business Credit closed $30 million in new credit facilities with GNS North America on December 31, 2020. Proceeds of the facility were used to refinance existing indebtedness and to provide ongoing working capital growth...
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February 09, 2021, 08:10 AM
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Huntington Business Credit closed a new $17,500,000 credit facility with InfoCision Inc. on December 30, 2020. Proceeds of the facility were used to refinance existing indebtedness and to provide ongoing working capital growth financing. ...
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January 19, 2021, 08:15 AM
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Huntington Business Credit acting as administrative agent and joint lead arranger announced it closed a new $250,000,000 credit facility with Concordance Healthcare Solutions, LLC on December 28, 2020. Proceeds of the facility were used to refinance...
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January 13, 2021, 08:15 AM
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Huntington Business Credit opened three new asset-based lending offices in Los Angeles, San Francisco and Portland, OR. The company also hired Tab French, Robert Alexander, Martin Valencia, David Lehner and John Kolb.French joined HBC as senior vice...
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November 06, 2020, 04:00 PM
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ABL Advisor released a new video interview featuring Doug Winget, President, Huntington Business Credit who discusses the unique challenges the economy is presenting middle-market borrowers and asset-based lenders. Winget also discusses the...
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July 31, 2020, 07:40 AM
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