CIT Northbridge Credit served as sole lead arranger on a $40 million senior secured credit facility for Hantover, a distributor of products to the food processing industry.
Headquartered in Overland Park, KS, Hantover supplies essential, non-perishable equipment to its customers through a network of warehouses in the U.S. and Canada.
“We are proud of the strong customer relationships, customer satisfaction and high-quality products we have provided the industry for over 75 years,” said Hantover President Bernard Huff. “We greatly appreciated the expertise and insights of the CIT Northbridge team in developing a financing arrangement that helps us continue to grow and provide the best service to our customers.”
