- Westwood Financial Raises Additional $145 Million in Capital, Accelerating Long-Term Growth Strategy
- Monroe Capital Provides $120 Million Senior Credit Facility to Infusion Therapy Business
- SouthStar Capital Provides A/R Financing to Support Growth for Commercial Concrete Polishing Firm
- MidCap Business Credit Closes Revolving Line of Credit for Allied Dairy Products, Inc.
- Danimer Scientific Announces Improved Liquidity Position with Closing of $130 Million Senior Secured Term Loan
Huntington Business Credit Closes Credit Facility with Spirit Pharmaceuticals, LLC
August 8, 2022
By Huntington Business Credit
Huntington Business Credit announced it 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 financing.
Spirit Pharmaceuticals, LLC, headquartered in Ronkonkoma, New York, is a packager and wholesaler of private label over the counter (“OTC”) pharmaceutical products.
Huntington Business Credit provides working capital and term loan facilities to middle market companies for acquisitions, LBO’s, MBO’s recapitalizations, rapid growth, seasonal working capital build-up, and turnaround situations.
