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Home Deal Announcements

Huntington Business Credit Closes $40MM Credit Facility with Profound Alloys

Profound Alloys closed a new $40 million credit facility with Huntington Business Credit to refinance existing debt and provide ongoing working capital financing.

byBrianna Wilson
June 2, 2025
in Deal Announcements, News

Huntington Business Credit closed a new $40 million credit facility with Profound Alloys, a distributor of raw material alloys to the foundry and steel mill industries in the United States, on April 18, 2025. Proceeds of the facility were used to refinance existing debt and provide ongoing working capital financing.

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