Schwing lands $19 million working capital to assist with growth

White Bear Township manufacturer Schwing America Inc. recently closed on a $ 19 million loan from Associated Bank and Associated Commercial Finance to help fund its growth.

The loan provides working capital to support Schwing’s “substantial increase in production and sales growth,” according to a press release from Green Bay, Wis.-based Associated Banc-Corp. (Nasdaq: ASBC).

“Associated Bank has been a true overall banking partner with us since 2010 and we are excited to be partnering with…
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