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First Financial Business Capital Provides $15.9MM to Auto Parts Manufacturer

January 29, 2015, 07:31 AM
Filed Under: Automotive

First Financial Business Capital, a division of First Financial Bank, announces the completion of a $15.9 million cash-flow and mezzanine debt financing deal for an Indiana automotive parts manufacturer.

First Financial began offering specialty banking products and services in 2011 including asset-based lending, equipment finance and leasing, and structured cash-flow and mezzanine financing.

First Financial Bancorp is a Cincinnati, Ohio based bank holding company. As of September 30, 2014, the company had $7.4 billion in assets, $4.8 billion in loans, $5.5 billion in deposits and $774 million in shareholders’ equity. The company’s subsidiary, First Financial Bank, N.A., founded in 1863, provides banking and financial services products through its four lines of business: commercial, consumer, wealth management and mortgage. The commercial, consumer and mortgage units provide traditional banking services to business and retail clients.

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