Huntington Business Credit Provides $40 Million Credit Facility for Profound Alloys, LLC
June 2, 2025
Source: Huntington Business Credit
Huntington Business Credit closed a $40,000,000 new credit facility with Profound Alloys, LLC on April 18, 2025. Proceeds of the facility were used to refinance existing debt and provide ongoing working capital financing.
Profound Alloys, LLC, headquartered in Canonsburg, Pennsylvania, is a distributor of raw material alloys to the foundry and steel mill industries in the United States.
Huntington Business Credit provides working capital and term loan facilities to large corporate and middle market companies for acquisitions, LBO’s, MBO’s recapitalizations, rapid growth, seasonal working capital build-up, and turnaround situations.
Profound Alloys, LLC, headquartered in Canonsburg, Pennsylvania, is a distributor of raw material alloys to the foundry and steel mill industries in the United States.
Huntington Business Credit provides working capital and term loan facilities to large corporate and middle market companies for acquisitions, LBO’s, MBO’s recapitalizations, rapid growth, seasonal working capital build-up, and turnaround situations.
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