Huntington Business Credit Closes $99 Million in new Credit Facilities with Lumbermen’s Inc.

Huntington Business Credit closed $99,000,000 in new credit facilities with Lumbermen’s Inc. on June 25, 2024.  Proceeds of the facility were used to refinance existing debt and provide ongoing working capital financing.

Lumbermen’s Inc., headquartered in Grand Rapids, Michigan, is a diversified building materials supplier.                 

Huntington Business Credit provides working capital and term loan facilities to large corporate and middle market companies for acquisitions, LBO’s, MBO’s recapitalizations, rapid growth, seasonal working capital build-up, and turnaround situations.