MidFirst Business Credit (MFBC) provided a $9 million working capital and term facility to Heat Transfer Tubular Products (HTTP). Headquartered in Conroe, TX, HTTP is a value-added distributor of niche products for heat exchangers, condensers, boilers, feed-water heaters and economizers. HTTP also provides value-added services, such as cutting, finning, bending and heat-treating. The funds were used to refinance existing loans and provide additional working capital to help facilitate further business expansion. The transaction was completed on August 26.
Heat Transfer Tubular ProductsMidFirst Business Credit
MidFirst Provides $9MM Working Capital and Term Facility to Heat Transfer Tubular Products
September 8, 2022
News | Specialty Lending
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