- MidCap Financial Closes $44mm Senior Secured Credit Facility to AleraCare
- CIT Launches New Golf & Turf Equipment Leasing and Financing Vertical
- Huntington Business Credit Closes $53.5 Million in New Credit Facilities with Mol-Son
- Wintrust Receivables Finance Announces Closing of $15M Line of Credit for Third-Party Logistics Firm
- Prestige Capital Supports the Growth of an AI Company with a $7,500,000 line
Huntington Business Credit Closes New Credit Facility With International Control Services, Inc.
February 6, 2020
Source: Huntington Business Credit
Huntington Business Credit announced it closed a new $7,500,000 credit facility with International Control Services, Inc. on December 20, 2019. Proceeds of the facility were used to refinance existing debt 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.
International Control Services, Inc., located in Decatur, Illinois, is a contract manufacturer of printed circuit boards and other electrical components.
In This Section