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Huntington Business Credit Closes $12MM Credit Facility for Local Crafts Group

May 27, 2025, 07:55 AM
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Huntington Business Credit closed a $12,000,000 new credit facility with Local Crafts Group, LLC on April 4, 2025.  Local Crafts Group, LLC is a portfolio company of Cleveland, Ohio headquartered private equity firm, Blue Point Capital Partners.  

Proceeds of the facility were used to finance an add-on acquisition and provide ongoing working capital financing.

Local Crafts Group, LLC, headquartered in Murray, Utah, is an online distributor and wholesaler in the crafts industry specializing in yarn and quilting.
             








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