MB Business Capital provided a new $14.27 million senior credit facility to Harwood Heights, IL-based FCL Graphics.
Founded in 1973, FCL is a direct marketing and campaign management company that offers diverse print and digital solutions across the entire continuum of a client’s marketing needs.
The credit facility was used to refinance senior indebtedness and fund working capital needs going forward.
“MB Business Capital understands the printing industry and its challenges. We were able to facilitate a tailored financial solution that will assist FCL in their day-to-day operations and ongoing growth initiatives,” said Michael Sharkey, president of MB Business Capital.
“We are excited to be working with MB Financial as our new banking partner. FCL has delivered steady growth in recent years and we felt the timing was perfect to reset our credit facility. The new credit lines will enable us to support our continued growth,” said Lou Tazioli, CEO and president of FCL.
