The PrivateBank announced it has extended a $12.5 million credit facility to the Gleason Group of Companies. Los Angeles-based Gleason Group produces sewn goods, hand trucks, trailer carts and various other lawn and garden products through three operating divisions in manufacturing facilities across the Midwest.

Howard Simon, chief operating officer of Gleason Industrial Products, said, “The PrivateBank was remarkably attentive to our needs, extremely competitive and genuinely concerned about forging a long-term relationship.”

“Gleason has had a manufacturing presence in the U.S. for almost 70 years and is a perfect fit for our client base. We are excited to be their financing partner and support their growth going forward,” said Bruce Denby, Asset-Based Lending co-group head at The PrivateBank.