Huntington Business Credit Closes Credit Facilities With Sunbelt Modular, Inc.

Huntington Business Credit announced it closed new $19,713,000 credit facilities with Sunbelt Modular, Inc. on February 4, 2020.  Proceeds of the facility were used to partially fund the acquisition by strategic buyers and provide ongoing working capital growth 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.

Sunbelt Modular, Inc., located in Phoenix, Arizona, is a wholesale modular building manufacturer.