Mackinac Commercial to Become mbank Business Credit

mBank’s asset-based lending division, Mackinac Commercial Credit, formally changed its name to mBank Business Credit, effective February 01, 2018.

Mackinac Commercial Credit Funds Three Deals Totaling $14.3MM

Mackinac Commercial Credit said it funded three transactions totaling $14.3 million this summer.

Mackinac Provides $3MM Financing to Safety Storage Manufacturer

Mackinac Commercial Credit provided $3.06 million in credit facilities to an Illinois-based manufacturer of safety storage facilities.

Mackinac Commercial Credit Funds $3MM ABL Line of Credit

Mackinac Commercial Credit provided an Illinois-based distributor with a $3 million asset-based line of credit.

Mackinac Funds ABL Credit Line for Commodity Re-Seller

Mackinac Commercial Credit provided a $1.5 million asset-based line of credit to a Michigan-based commodity re-seller.

Mackinac Provides $2.5MM ABL Line of Credit to Biosciences Firm

Mackinac Commercial Credit provided an Ohio-based biosciences firm with a $2.5 million asset-based line of credit on its accounts receivables.

Mackinac Commercial Credit Funds ABL Line to Distributor

Mackinac Commercial Credit provided a working capital line of credit to an Ohio-based electrical supplies distributor.

Mackinac Commercial Funds ABL for Michigan-based Service Provider

Mackinac Commercial Credit provided a $700K credit line for a Michigan-based service business.

Mackinac Commercial Funds $2.9MM ABL Credit Line

Mackinac Commercial Credit provided a $2.9 million line of credit for a Michigan-based precision part manufacturer.

Mackinac Commercial Funds $2.9MM ABL Credit Line

Mackinac Commercial Credit funded a $2.9 million line of credit for a Michigan-based precision parts manufacturer seeking to restructure its balance sheet.