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Huntington Business Credit Provides Credit Facility for TeleTracking Technologies, Inc.
August 16, 2021
Source: Huntington Business Credit
Huntington Business Credit announced it closed a new $60,000,000 credit facility with TeleTracking Technologies, Inc. on June 28, 2021. Proceeds of the facility were used to refinance existing indebtedness and to provide ongoing working capital growth financing.
TeleTracking Technologies, Inc., located in Pittsburgh, PA, is a privately held healthcare technology company that provides workflow automation solution to hospitals and other healthcare facilities.
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.
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