Huntington Business Credit Provides Credit Facilities to Watkins Incorporated

May 4, 2020

Source: Huntington Business Credit

Huntington Business Credit announced it closed new $22,500,000 credit facilities with Watkins Incorporated on March 13, 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.

Watkins Incorporated is located in Winona, MN, has been in business since 1868, and is a manufacturer and distributor of food extracts, spices and season mixes.