Fifth Third Business Capital provided $19,500,000 in credit facilities including a revolving credit facility and term loan to Canton, OH-based Metaltec Steel Abrasive Company.

Founded in 1981, Metaltec Steel Abrasive ('Metaltec') is a top-three manufacturer of mission-critical, consumable metal abrasive materials in North America. Metaltec is the only company in North America with the capability of manufacturing both high and low-carbon steel abrasive products, providing a differentiated market position. The Company's products are primarily utilized in blast cleaning, surface profiling, shot peening, and other surface preparation and finishing applications. Metaltec is a portfolio company of Lorentzen Investments, Ashland Capital, and Imperial Group.