Daily News: March 7, 2018

MB Business Provides Facility to Cole Kepro

MB Business Capital provided a new senior credit facility to Las Vegas-based Cole Kepro International, a designer, developer and manufacturer of slot machine cabinets and kiosks. MB’s credit facility was used to refinance existing senior indebtedness and will fund working capital needs going forward.

CKI is a portfolio company of private equity investment firm, The Anderson Group.

“We are so pleased to welcome the Anderson Group and their portfolio company CKI to MB Business Capital. The MB team delivered a lending facility with flexible covenants and a structure that will allow Anderson and CKI to address their current needs as well as future opportunities,” said Michael Sharkey, president of MB Business Capital.