Mackinac funds $1.5MM Credit Line for Nano-Tech Merger
Mackinac Commercial Credit will provide a $1.5 million line of credit to assist an Ohio-based nano-technology firm’s merger.
Mackinac Commercial Credit will provide a $1.5 million line of credit to assist an Ohio-based nano-technology firm’s merger.
Mackinac Commercial Credit announced that David Marks has joined the firm. Marks will represent MCC on the East Coast.
Mackinac Commercial Credit funded a $1.5 million A/R and inventory line of credit for a Michigan-based building products distributor.
Mackinac Commercial Credit announced it funded a $2 million accounts receivable and inventory line of credit for a Michigan-based die caster.
Mackinac Commercial Credit announced the appointment of Edward Lewan to EVP chief lending officer, Michael Gallagher to regional vice president – Midwest and Stephen Reichmuth to regional vice president – Southwest.
Mackinac Financial formed Mackinac Commercial Credit, which will provide working capital to small- to medium-sized companies. MCC secured a $25 million credit line from WFCF to fund its loan and receivable portfolio.