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BBVA Compass Provides $25.4MM ABL to Higginbotham Bros.

February 13, 2015, 07:54 AM
Filed Under: Retail

BBVA Compass announced its asset-based lending group provided a $25.4 million credit facility to Higginbotham Brothers & Co. of Comanche, Texas. Higginbotham operates 37 True Value and Ace Hardware stores in Texas

BBVA Compass is a Sunbelt-based financial institution that operates 672 branches, including 341 in Texas, 89 in Alabama, 77 in Arizona, 62 in California, 45 in Florida, 38 in Colorado and 20 in New Mexico, and commercial and private client offices throughout the U.S. BBVA Compass ranks among the top 25 largest U.S. commercial banks based on deposit market share and ranks among the largest banks in Alabama (2nd), Texas (4th) and Arizona (5th).

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