Huntington Business Credit Announces Credit Facilities

Huntington Business Credit announced it closed a new $40,000,000 credit facility with TeleTracking Technologies, Inc. on October 23, 2019.  Proceeds of the facilities were used to provide for growth, refinance existing debt and ongoing working capital financing.              

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.

TeleTracking Technologies, Inc., located in Pittsburgh, Pennsylvania, is a privately held healthcare technology company which provides workflow automation solutions to hospitals and healthcare systems.       

Huntington Business Credit announced it closed new $37,240,000 credit facilities with Laminate Technologies, Inc. on October 29, 2019.  Proceeds of the facilities were used to refinance existing debt and ongoing working capital financing.              

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.

Laminate Technologies, Inc., located in Tiffin, Ohio, is a manufacturer of laminate panels.