Huntington Business Credit closed a new $150,000,000 credit facility with Dakkota Integrated Systems on December 13, 2021. Proceeds of the facility were used to refinance existing debt and to provide ongoing working capital growth financing.
               
Dakkota Integrated Systems, LLC, located in Brighton, Michigan, manages the assembly and sequencing on integrated automotive interiors and suspensions for OEM’s and Tier One suppliers.  
                       
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.