MB Business Capital Provides $9MM Facility for Metpar

MB Business Capital provided a new $9 million senior credit facility to Metpar, a Westbury, NY-based manufacturer and worldwide distributor of commercial bathroom partitions.

MB Business Capital Provides $9MM Facility for E.J. Victor

MB Business Capital provided a new $9 million senior credit facility to furniture manufacturer E.J. Victor.

MB Business Capital Provides $7.5MM Facility for Salem Steel

MB Business Capital provided a new $7.5 million senior credit facility to Salem Steel.

Saving Shawnee Tubing: Oklahoma Lender and Business Community Rally to Save Local Factory

Since 1974, the Wolverine Tube factory cranked out copper tubing for industry and construction use from its Shawnee, OK plant. Last year, the Canadian owners decided to sell the factory, threatening more than 500 Shawnee jobs. Greg Gallman, the plant’s general manager, worked with local investors and bankers, the city’s Economic Redevelopment Foundation and MB Business Capital to save the business and renamed it Shawnee Tubing Solutions.

MB Business Capital Provides $9MM Facility to Triumph Manufacturing

MB Business Capital provided a new $9.05 million senior credit facility to automotive parts manufacturer Triumph Manufacturing.

MB Business Capital Provides $9MM Facility for Logic PD

MB Business Capital provided a new $9 million senior credit facility to Eden Prairie, MN-based Logic PD.

MB Business Provides $9MM Facility for R.M.P. Athletic Locker

MB Business Capital Canada, an indirect subsidiary of MB Financial Bank, provided a new $9 million Canadian senior credit and foreign exchange facility to R.M.P. Athletic Locker.

MB Business Capital Provides $15.275MM Facility to Midland Stamping

MB Business Capital provided a new $15.275 million senior credit facility to Schiller Park, IL-based Midland Stamping and Fabricating.

A Peek Behind the Curtain: ABL Underwriters — Evaluating Risk to Seal the Deal

Since the days when tall ships carried cargo across dangerous seas, underwriters have assessed the risks involved before signing off on financial transactions. While the nature of the risks may have changed, underwriters still conduct thorough due diligence to evaluate a company’s stability and the state of the collateral before deals are closed.
ABF Journal contributor Lisa Miller speaks with three underwriters to learn exactly how
they make those evaluations and which signs point to a successful outcome.

MB Business Capital Provides $8MM Credit Facility for Whitworth Tool

MB Business Capital, provided a new $8 million senior credit facility to Hardinsburg, KY-based Whitworth Tool.