MONTVALE, N.J. -- North American Ventures Inc. said its subsidiary, Butler Service Group Inc., had closed on a new $30 million three-year secured revolving credit facility with the Bank of New York Commercial Corp., a unit of Bank of New York Co.

The facility refinanced an $18.7 million senior secured line and provides additional working capital for domestic and Canadian operations of Butler, a provider of technical and telecommunications services.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.