mBank Business Credit funded a $4.5 million line of credit for a Michigan-based food distributor.

The distributor sought a new lender after experiencing new growth. The mBank senior management team visited the client, reviewed its plan and presented the company with a customized financial package.

mBank Business Credit is the asset-based lending division of mBank and provides lines of credit up to $10 million for companies in transition due to rapid growth, acquisition, recapitalization or turnaround.

mBank is the principal subsidiary of Mackinac Financial.