The facilities will be used to refinance existing debt and to provide working capital for the company’s future projected growth.

Located in Mount Vernon, NY, Ice Air is a developer and manufacturer of HVAC equipment used in new construction and retrofit/replacement applications. Established in 2003, the company works directly with general contractors, property developers and wholesale distributors of HVAC equipment.

Sterling National Bank is a provider of financing and administrative services for staffing and IT consulting firms.