OnDeck Receives $85MM Revolver Arranged by SunTrust, SVB

Small business online lender OnDeck closed an $85 million corporate revolving credit facility. SunTrust Bank and Silicon Valley Bank served as arrangers on the facility, while MB Financial Bank and Congressional Bank joined them as lenders.

MB Business Capital Provides $25MM Credit Facility to LDC Stone

MB Business Capital recently provided a new $25 million senior credit facility to Dallas, TX-based LDC Stone.

MB Business Capital Provides $23MM Facility to NRP

MB Business Capital provided a new $23 million senior credit facility to NRP Jones, a manufacturer of hydraulic, industrial and oilfield hoses, fitting, and assemblies for both OEMs and distributors.

Weisto Tapped For MB Financial ESOP Finance Group

MB Financial Bank hired Edward Weisto to join the bank’s ESOP Finance Group as senior vice president.

MB Financial Bank Hires Moffitt as Chief Risk Officer

MB Financial Bank hired Kevin L. Moffitt as chief risk officer.

MB Business Capital Names Janson VP, Opens New Charlotte Office

MB Business Capital, the asset-based lending division of MB Financial Bank, named Steve Janson as senior vice president.

MB Financial Names Commercial Banking Group President

Michael J. Leonard joined MB Financial Bank as a group president in the Commercial Banking Group. Leonard joins from First Midwest Bank where he was regional president.

MB Business Capital Provides Transportation Agent Grid Funding

MB Business Capital, a division of MB Financial Bank, announced it recently provided a $5.2 million senior credit facility for Oakland, CA-based Transportation Agent Grid.

MBFI Merges Cole Taylor into MB Financial

MB Financial announced it completed its acquisition of Taylor Capital Group and that Cole Taylor Bank has merged into MB Financial Bank.

MB Promotes Hallberg to Group President, Commercial Banking

MB Financial Bank promoted Robert F. Hallberg to group president in the commercial banking group. Hallberg joined the bank in 2007 as SVP, division manager, commercial banking.