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Fifth Third BC Provides $16.5MM Asset-Based Lending Solution to Tricon Precast

June 02, 2021, 07:27 AM
Filed Under: Manufacturing

Fifth Third Business Capital provided a $16,500,000 revolving credit facility and real estate term loan to Houston-based Tricon Precast, Ltd.

Tricon Precast manufactures concrete structures, such as retaining walls, traffic barriers, bridge systems and sound barrier walls. The company sells its products to major highway and bridge construction contractors who are building infrastructure projects for governmental agencies like, DOT, TXDOT and FLDOT.

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