Huntington Business Credit Closes $30MM in Facilities for GNS North America

Huntington Business Credit closed credit facilities totaling $30 million for GNS North America, which used proceeds of the facility to refinance existing indebtedness and to provide ongoing working capital growth financing.

GNS North America, located in Canton, MI, is a supplier of metal stampings, die design and complex assemblies primarily serving the automotive industry.

Huntington Business Credit provides working capital and term loan facilities to middle market companies for acquisitions, LBOs, MBOs recapitalizations, rapid growth, seasonal working capital build-up and turnaround situations.