Fifth Third Bank provided Kitchen Cabinet Designers with a $35 million asset-based lending senior credit facility to support its growth strategy. Kitchen Cabinet Designers (dba Kitchen Cabinet Distributors) was founded in 2007 and imports and distributes kitchen and bathroom cabinets and accessories throughout the U.S.
Fifth Third Business Capital Provides $15MM Senior Credit Facility to Refinance Puraglobe Syntainics
Fifth Third Business Capital provided a $15 million capital expenditure facility and revolving line of credit to Puraglobe Syntainics. Puraglobe Syntainics blends, packages and distributes sustainable, full synthetic motor oils for passenger cars and motorcycles.
Fifth Third Business Capital provided a $19.5 million senior credit facility to Metaltec Steel Abrasive Company, a manufacturer of mission-critical, consumable metal abrasive materials in North America.
Fifth Third Business Capital provided a $15 million senior credit facility to Percheron, an energy-related professional services company offering specialized expertise in land, title, surveying, environmental and engineering services.
Fifth Third Business Capital provided a $32 million revolving credit facility and real estate term loan to Laurel Grocery Company.
Fifth Third Business Capital provided a $9.8 million senior credit facility to Promise to Perform Industries to support a management buyout.
Fifth Third Business Capital provided $16 million in refinancing to support Orly International, a manufacturer of branded professional nail salon and personal care products.
Fifth Third Business Capital provided a $16.5 million asset-based lending solution to Tricon Precast, a manufacturer of concrete structures for infrastructure projects.
Fifth Third Business Capital provided a $13.8 million revolving line of credit and term loan to Hardin Holdings (dba Ancon Marine), an industrial services company based in Carson, CA.