Siena Lending Group Closes $20MM Credit Facility with Aerospace Manufacturer

Siena Lending Group completed a $20 million asset-based revolving line of credit for a privately held aerospace manufacturer headquartered in Ontario. The company is a specialty manufacturer of turbine engine shafts, helicopter masts, turbine engine thrust links, nuclear pressure vessel containment systems, and other industrial products. The facility was established to repay certain existing shareholder debt and to support the company’s future working capital needs.