Ohio Bank Expands Machine Tool Loan Program

Huntington Bancshares in Columbus, Ohio, (www.huntington.com) has announced that it is expanding its services for providing machine tool distributors with financing assistance they can offer to manufacturers interested in purchasing equipment.

Huntington’s Machine Tool Finance Group works primarily with small and midsized machine shops and manufactures and focuses primarily in aerospace, appliance, automotive, heavy equipment and job shop industries.

“Huntington’s new unit has brought together tool financing specialists from throughout the industry to advise business owners on the type of financing that is the best fit for their business strategies,” said Robert Allanson, president of Huntington Equipment Finance.