Huntington Business Credit acted as administrative agent and joint lead arranger in the closing of a new $250 million credit facility for Concordance Healthcare Solutions. Proceeds of the facility were used to refinance existing indebtedness and to provide ongoing working capital growth financing.
Concordance Healthcare Solutions, located in Tiffin, OH, is a distributor of consumable medical supplies and equipment.
Huntington Business Credit provides working capital and term loan facilities to middle market companies for acquisitions, LBOs, MBOs recapitalizations, growth, seasonal working capital build-up and turnaround situations.
