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Huntington Business Credit Closes $30MM in Credit Facilities for GNS North America

February 09, 2021, 08:10 AM
Filed Under: Automotive

Huntington Business Credit closed $30 million in new credit facilities with GNS North America on December 31, 2020.  Proceeds of the facility were used to refinance existing indebtedness and to provide ongoing working capital growth financing.
GNS North America, Inc., located in Canton, Michigan, is a full-service supplier of metal stampings, die design and complex assemblies primarily serving the automotive industry.
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.

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