Daily News: May 15, 2019

Huntington Provides $8.5MM Facility to Fairway Building Products


Huntington Business Credit closed a new $8.5 million credit facility with Fairway Building Products, a portfolio company of Argosy Private Equity.

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

Located in Mount Joy, PA, Fairway Building Products designs, engineers and manufactures a comprehensive portfolio of aluminum, steel, vinyl, composite and cellular PVC railing products. It serves customers in the commercial and residential building channels.

Argosy Private Equity is located in Wayne, PA.

Huntington Business Credit provides working capital and term loan facilities to middle market companies for acquisitions, LBOs, MBOs recapitalizations, rapid growth, seasonal working capital build-up, and turnaround situations.