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.
|Brodart Co.||Supplier/Books, Library Supplies||12.5||3||2012|
|Universal Metals||Distributor/Steel Coils||15.0||2||2012|
|House of Stainless||Operator/Non-Ferrous Metals Service Center||12.0||2||2012|
|Dianne's Fine Desserts||Manufacturer/Gourmet Desserts||10.0||2||2012|
|Benore Logistic Systems||Provider/Logistics||13.0||1||2012|
|Reese Central Wholesale||Retailer/Building Materials||18.5||4||2011|
|Star Extruded Shapes, Star Fab||Provider/Aluminum Extrusions, Provider/Machining, Fabrication||13.3||4||2011|