Huntington Business Credit Closes New $45 Million Facility with SDB Trade International, LLC

Huntington Business Credit announced it closed a $45,000,000 new credit facility with SDB Trade International, LLC on February 16, 2024. Proceeds of the facility were used to refinance existing debt and provide ongoing working capital financing.

SDB Trade International, LLC, headquartered in Houston, Texas, is a distributor of steel products including carbon and stainless-steel pipe, couplings, investment castings, stainless wire, structural steel, and aluminum.             

Huntington Business Credit provides working capital and term loan facilities to large corporate and middle market companies for acquisitions, LBO’s, MBO’s recapitalizations, rapid growth, seasonal working capital build-up, and turnaround situations.