Huntington Business Credit Closes $18 Million in Credit Facilities with Garick, LLC

Huntington Business Credit closed $18,000,000 in new credit facilities with Garick, LLC on August 9, 2024.  Proceeds of the facility were used to facilitate the acquisition by the original founder, refinance existing debt, and provide ongoing working capital financing.

Garick, LLC, headquartered in Cleveland, Ohio, is a distributor and processor of renewable and sustainable natural resources products including bagged mulch, soil, growers’ mix, green roof media and stone mixes.               

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.