MB Business Capital Provides $10MM Facility to Ross Technology

MB Business Capital acted as sole lender and administrative agent on the funding of a $10 million senior credit facility for Ross Technology.

CFA Awards MB Business Capital’s Sharkey Life Time Achievement Award

The Commercial Finance Association awarded Michael D. Sharkey, president of MB Business Capital, its prestigious Life Time Achievement Award.

MB Business Capital Provides $9.68MM Credit Facility to AMS Group

MB Business Capital provided a new $9.68 million senior credit facility to AMS Group, a manufacturer and distributor in the steel and industrial products sector.

ABL Lenders Face Challenges, But Expect Strong Economy to Keep Them Afloat

Every year, ABL lenders face new challenges. Last year, people were nervous about the impact of prospective tax cuts. This year, the effect of tariffs has both borrowers and lenders shaking their heads. ABL lenders are facing increasing competition as 2019 prepares to roll in. Lisa Miller catches up with five top ABL executives who look back at 2018 and anticipate a strong year ahead.

MB Business Provides $29.5MM Facility to Honey-Can-Do

MB Business Capital acted as sole lender and administrative agent on the funding of a $29.5 million senior credit facility to Honey-Can-Do International.

MB Business Provides $10MM Facility to Specialty Steel

MB Business Capital provided a new $10 million senior credit facility to Specialty Steel Supply.

MB Business Capital Provides $10MM Facility to Taylored

MB Business Capital provided a new $10 million senior credit facility to Iselin, NJ-based Taylored Services. The facility was used to fund the recapitalization of Taylored’s existing debt structure and working capital needs.

MB Business Capital Provides $14.27MM Facility to FCL

MB Business Capital provided a new $14.27 million senior credit facility to Harwood Heights, IL-based FCL Graphics.

MB Business Capital Provides $12MM Facility to 3P

MB Business Capital provided a new $11.575 million senior credit facility to Wichita, KS-based 3P Processing, a provider of metal finishing, testing and inspection process services to the aerospace and defense sector.

MB Business Supports Satori Acquisition of Zorch

MB Business Capital provided a new revolving credit facility to Zorch International. The facility was used to support the acquisition of Zorch by Satori Capital and will fund working capital needs going forward.