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Huntington Business Credit Closes $25MM Credit Facility with Vanguard International Solutions

February 01, 2023, 08:00 AM
Filed Under: Distribution

Huntington Business Credit closed a $25,000,000 new credit facility with Vanguard International Solutions, Inc. on December 30, 2022. Proceeds of the facility were used to refinance existing debt and provide ongoing working capital growth financing.

Vanguard International Solutions, Inc., headquartered in Cleveland, Ohio, is a wholesale distributor of medical and food-grade disposable gloves and related Personal Protective Equipment primarily to the food service, medical, and janitorial industries.

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.

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