Harcros Chemicals Inc., a Kansas City, KS-based producer and distributor of industrial chemicals, received a $30m revolving credit facility from GE Capital, Corporate Finance.
The loan refinances the company’s existing credit and supports ongoing working capital needs.
According to a press release, the facility may be increased to $35m, subject to certain conditions.
Founded in 1917, Harcros Chemicals is one of the largest chemical distributors with 28 branches operating in North America. It manufactures specialty organic chemicals including surfactants, emulsifiers and defoamers.
FinSMEs
09/12/2009