Huntington Business Credit closed $24,000,000 in new credit facilities with McGregor Metal Holdings LLC on June 10, 2022. Proceeds of the facility were used to refinance existing indebtedness and provide ongoing working capital growth financing. 

McGregor Metal Holdings LLC, headquartered in Springfield, Ohio, is a manufacturer of metal products specializing in stamping, spinning, welding, machining, and tool and die services. 

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.