Huntington Business Credit closed $16 million in credit facilities with Polymerica Limited on Dec. 8, 2022. Proceeds of the facility were used to refinance existing debt, support a partial recapitalization of the company and provide ongoing working capital financing.

Polymerica Limited, headquartered in Huntington Woods, MI, is a manufacturer of extruded, die-cut and formed automotive interior parts that are sold directly to automotive manufacturers through North America and Europe.