MB Business Capital Provides Facility for Gajeske
MB Business Capital provided a new senior credit facility to Houston-based Gajeske.
MB Business Capital provided a new senior credit facility to Houston-based Gajeske.
MB Business Capital provided a new $6 million senior credit facility to Vernal, UT-based Adler Hot Oil Service.
MB Business Capital provided a new senior credit facility to Warsaw, IN-based Dalton and affiliates.
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.
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 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 provided a new $9 million senior credit facility to furniture manufacturer E.J. Victor.
MB Business Capital provided a new $7.5 million senior credit facility to Salem Steel.
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 provided a new $9.05 million senior credit facility to automotive parts manufacturer Triumph Manufacturing.