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Home Deal Announcements

MidFirst Business Credit Provides a Working Capital Facility to Control Solutions

byIan Koplin
October 2, 2023
in Deal Announcements

MidFirst Business Credit provided a working capital facility to Control Solutions, which used the funds to refinance existing loans and provide additional working capital to help facilitate further business expansion.

Headquartered in Aurora, IL, Control Solutions manufactures a complete line of electronic commercial drive controllers and battery charging systems. These systems are used in shopping cart retrieval systems, mobility scooters, motorized gun turret control systems and power door systems for the military, and electronic lift systems for medical beds and gurneys for ambulances.

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