Fifth Third Bank announced that it has extended more than $8.6 billion in new and renewed credit to business customers from October through December 2014. Fifth Third Bank loaned more than $31 billion to businesses throughout its footprint in 2014.
Companies that received loans from Fifth Third Bank during this time period include:
- Bluegreen Corporation is a vacation ownership company based in Boca Raton, Florida that employs more than 4,500 people. The Bluegreen Vacation Club has more than 180,000 owners with over 60 owned or managed resorts. Bluegreen Corporation secured a syndicated credit facility to enhance working capital.
- Certified Finishes, Inc. is a commercial flooring and installation firm headquartered in Atlanta, Georgia. Certified Finishes secured a loan that will be used to grow their business by hiring additional employees and acquiring a 52,000 sq. ft. commercial building.
- Spectra-Tech Manufacturing is an electronics manufacturer and provider of printed circuit board assemblies. Spectra-Tech offers a wide range of services and advanced capabilities from prototypes to low or high volume production of electronic assemblies. Headquartered in Batavia, Ohio, Spectra-Tech Manufacturing secured a construction loan to expand their manufacturing facility and purchase new equipment.