Daily News: November 5, 2014

MB Business Capital Closes Saratoga Forest Facility

MB Business Capital announced it recently provided a $6.45 million senior credit facility for Saratoga Forest Management. The company operates a sawmill located in Saratoga, WY that produces high-grade framing lumber for sale predominantly in the Midwest and Western portions of the US.

Proceeds of the new MB Business Capital financing will be used for working capital needs.

Saratoga Forest Management produces high quality forest products to preserve and improve the health of the Rocky Mountain forests.