Huntington Business Credit Closes a new $20 Million Credit Facility with Atlas Wire, LLC

Huntington Business Credit announced it closed a new $20,000,000 credit facility with Atlas Wire, LLC on December 31, 2021.  Proceeds of the facility were used to assist in the acquisition and to provide ongoing working capital growth financing.              

Atlas Wire, LLC, located in Itasca, Illinois, is a manufacturer of low voltage, insulated copper wire for various end use applications.                        

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.