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Zions Bancorporation Closes $4MM Asset-Based Credit Facility with Product Manufacturer

September 15, 2023, 07:54 AM
Filed Under: Manufacturing

Zions Bancorporation, through its Utah division, Zions Bank closed and funded a $4,000,000 credit facility for a client in design, manufacture, and logistics. The credit facility consisted of a multi-year revolving line of credit.   
 
Proceeds of the credit facility were used to refinance existing bank debt, and ongoing working capital needs.








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