MB Business Capital provided a new $9 million senior credit facility to Eden Prairie, MN-based Logic PD.
MB Business Capital Canada, an indirect subsidiary of MB Financial Bank, provided a new $9 million Canadian senior credit and foreign exchange facility to R.M.P. Athletic Locker.
MB Business Capital provided a new $15.275 million senior credit facility to Schiller Park, IL-based Midland Stamping and Fabricating.
Since the days when tall ships carried cargo across dangerous seas, underwriters have assessed the risks involved before signing off on financial transactions. While the nature of the risks may have changed, underwriters still conduct thorough due diligence to evaluate a company’s stability and the state of the collateral before deals are closed.
ABF Journal contributor Lisa Miller speaks with three underwriters to learn exactly how
they make those evaluations and which signs point to a successful outcome.
MB Business Capital, provided a new $8 million senior credit facility to Hardinsburg, KY-based Whitworth Tool.
MB Business Capital provided a new $8 million senior credit facility to Winfield, KS-based Western Industries Plastic Products.
Brian Roman has joined the MB Business Capital middle market asset based lending team as senior underwriter and vice president.
MB Business Capital provided a new $23.7 million senior credit facility to Shawnee Tubing Solutions as part of an acquisition of select assets from the borrowers’ previous parent Wolverine Tube.
Rumors of tax cuts and promises of interest rate hikes swirled in the winds of uncertainty as Q1/17 ended. ABF Journal contributor Lisa Miller interviewed a group of leading ABL executives, who are already enjoying a better year than 2016 and are predicting changes ahead for the ABL market whichever way the economy shifts.
MB Business Capital provided a new $5.5 million senior credit facility to Sinbad Foods as part of an acquisition by Evanston Partners and management.