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Huntington Business Credit Closes $250 Million Credit Facility with Concordance Healthcare Solutions, LLC
By Huntington Business Credit
Huntington Business Credit acting as administrative agent and joint lead arranger announced it closed a new $250,000,000 credit facility with Concordance Healthcare Solutions, LLC on December 28, 2020. Proceeds of the facility were used to refinance existing indebtedness and to provide ongoing working capital growth financing.
Concordance Healthcare Solutions, LLC, located in Tiffin, OH, is a distributor of consumable medical supplies and equipment.
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.