Huntington Business Credit Closes $24 Million in Credit Facilities With Chicago American Manufacturing, LLC

Huntington Business Credit announced it closed new $24,400,000 credit facilities with Chicago American Manufacturing, LLC on February 20, 2020.  Proceeds of the facilities 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.

Chicago American Manufacturing, LLC, located in Chicago, Illinois, is a manufacturer of fabricated steel products and consumer fans.