MB Business Capital Funds for BCDVideo

MB Business Capital said it provided a new senior secured credit facility to Chicago-based BCDVideo, a global manufacturer of video surveillance storage solutions.

MB Business Capital announced it recently provided a new senior credit facility to Chicago-based BCDVideo, a global manufacturer of video surveillance storage solutions.

The new MB credit facility was provided to refinance debt and to fund working capital needs of the company. The MB facility will allow BCDVideo to continue its accelerated growth initiatives.

BCDVideo is Hewlett Packard’s global OEM Partner for IP video security and provides IP security storage and intelligent network solutions to the security integrator community. Through these global integrators, BCDVideo currently is recording video surveillance on six continents and in 30 countries.

“Relationships have always been paramount to our success”, stated Jeff Burgess, president and founder of BCDVideo. “MB Financial not only ‘gets it’, but it was evident through this negotiation process that they took a genuine interest in our go-to-market strategies, as well as our customer relationships. As we continue to grow our business, it is exciting to have a bank as enthusiastic about our business as we are.”