Huntington Business Credit Closes a $175 Million new Credit Facility With Second Avenue Capital Partners, LLC

Huntington Business Credit acting as Administrative Agent, Bookrunner and Lead Arranger announced it 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 indebtedness and provide ongoing growth financing.              

Second Avenue Capital Partners, LLC, headquartered in Needham, Massachusetts, is a financial services provider specializing in asset-based loans for the retail and consumer products industry.                          

Huntington Business Credit provides working capital and term loan facilities to middle market and large corporate companies for acquisitions, LBO’s, MBO’s recapitalizations, rapid growth, seasonal working capital build-up, and turnaround situations.