MB Business Capital Provides $23MM Facility to NRP

MB Business Capital provided a new $23 million senior credit facility to NRP Jones, a manufacturer of hydraulic, industrial and oilfield hoses, fitting, and assemblies for both OEMs and distributors.

MB Business Capital Provides Facility for Gajeske

MB Business Capital provided a new senior credit facility to Houston-based Gajeske.

MB Business Capital Provides $6MM Facility for Adler Hot Oil

MB Business Capital provided a new $6 million senior credit facility to Vernal, UT-based Adler Hot Oil Service.

MB Business Capital Provides Facility for Dalton

MB Business Capital provided a new senior credit facility to Warsaw, IN-based Dalton and affiliates.

Opportunities and Challenges: Asset-Based Lending in 2018

The digital world has transformed every aspect of our lives. Some of us still remember pasting photographs into albums and racing to answer the telephone mounted on the wall — picking up the receiver without knowing who was on the other end of the line. Technology has changed asset-based lending in ways no one could have predicted 20 years ago. ABF Journal contributor Hugh Larratt-Smith explores the evolving ABL landscape and evaluates the impact these changes will have in 2018.

Robust Results: Upswing Leaves ABL Lenders Optimistic for 2018

Despite political turbulence and Mother Nature running amuck, ABL lenders saw an upswing in business in 2017 after two flat years. ABF Journal contributor Lisa Miller spoke with five ABL executives who described a robust year filled with new partnerships and business opportunities and an optimistic outlook for 2018.

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.