Huntington Business Credit closed a new $50 million credit facility with UMA Enterprises on August 24, 2018.

Proceeds from the facilities were used to refinance existing debt and provide ongoing working capital financing.

Founded in 1979 and headquartered in Compton, CA, UMA Enterprises imports broad-line home goods and distributes home accent and home décor products. It is an investment for Long Point Capital, a private equity fund with offices in Michigan and New York.