Huntington Business Credit closed credit facilities totaling $24 million for Elk Lighting, a Pennsylvania-based designer and wholesale distributor of residential and commercial lighting fixtures.
Proceeds of the facilities were used to refinance existing debt and to support ongoing working capital growth financing.
Huntington Business Credit provides working capital and term loan facilities to middle market companies for acquisitions, LBO’s, MBO’s recapitalizations, rapid growth, seasonal working capital build-up and turnaround situations.
