Huntington Business Credit announced it closed $38,000,000 new credit facilities with Royal Chemical Company, Ltd. on April 30, 2024.  Proceeds of the facility were used to refinance existing debt and provide ongoing working capital financing. Royal Chemical Company, Ltd., headquartered in Macedonia, Ohio, is a manufacturer of custom mixed chemical products serving the industrial, commercial, and cleaning markets.               
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.

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