Huntington Business Credit Acts as Administrative Agent in $70MM in Credit Facilities

Huntington Business Credit, acting as administrative agent, closed $70 million in new credit facilities with financing partners Proterra Investment Partners and Farm Credit Services of America to support Stellex Capital Management’s acquisition of The James Skinner on May 1, 2024._x000D_
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Proceeds of the facility were used to provide acquisition financing, fund expansion growth and for ongoing working capital financing.