Home/Invoice Financing Companies/Huntington Bank Asset Based Lending

Contact

200 Public Square, Suite 600
Cleveland, OH 44114

P: (216) 515-6165
F: (614)480-5284
W: www.huntington.com

Management

  • James Cannella : Asset-Based Lending Director
  • Barry K. Sullivan: President

Summary

Huntington Bancshares Incorporated is a $50+ billion regional bank headquartered in Columbus, Ohio. The company’s asset-based lending group serves small businesses: wholesalers, distributors, manufacturers, retailers and service providers.

Loans are made through formula-based advances backed by tangible collateral in the form of accounts receivable, inventory, machinery, and equipment and owner-occupied real estate. Asset -based funding typically includes revolving lines of credit up to $100,000 as well as a supporting term loan and/or capital expenditure financing.

Size of Loans

  • Up to $250,000

Available Financing

  • ABL

Industries

  • Automotive
  • Manufacturing
  • Other
  • Transportation

Recent Transactions

BorrowerIndustryAmount (M)QuarterYear
Brodart Co.Supplier/Books, Library Supplies12.532012
Universal MetalsDistributor/Steel Coils15.022012
House of StainlessOperator/Non-Ferrous Metals Service Center12.022012
Dianne's Fine DessertsManufacturer/Gourmet Desserts10.022012
Benore Logistic SystemsProvider/Logistics13.012012
Reese Central WholesaleRetailer/Building Materials18.542011
Star Extruded Shapes, Star FabProvider/Aluminum Extrusions, Provider/Machining, Fabrication13.342011