Huntington Business Credit closed a new $15 million credit facility with The Miller Company, which used the proceeds of the facility to support its acquisition by Deutsche Invest Capital Partners and to provide ongoing working capital growth financing.
The Miller Company, located in Meriden, CT, acquires scrap bronze and copper and operates as a processor and distributor for the North American automotive and electronics industries.
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.
