TSL Express Daily News

The Secured Lender

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September 30, 2024

Source: Huntington Business Credit

Huntington Business Credit closed a $50,000,000 new credit facility with Elements International Group, LLC on August 27, 2024.  Proceeds of the facility were used to refinance existing debt and provide ongoing working capital financing.

Elements International Group, LLC, headquartered in Mesquite, Texas, is a distributor of whole-home furniture products to retail customers throughout the U.S. and Canada.             

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.