Presidential Financial Changes Name to MidFirst Business Credit

Presidential Financial will be changing its name to MidFirst Business Credit.

Presidential Financial Hires Tim Hanchett as BDO in Detroit

Presidential Financial hired Tim Hanchett as a business development officer in Detroit, MI. Hanchett will be responsible for originating, structuring, and funding asset-based financing solutions for middle-market businesses in the Midwest and Great Lakes regions.

Presidential Financial Provides $6MM Facilities to Selinsky Force

Presidential Financial provided $6 million in working capital facilities to Selinsky Force.

Presidential Financial Provides $4MM Facilities to OakCraft

Presidential Financial provided $4 million in working capital facilities to OakCraft.

Presidential Financial Provides $10MM to FSTI

Presidential Financial provided $10 million in working capital and term facilities to FSTI.

Presidential Provides $4MM to Montville Plastics

Presidential Financial provided $4 million to Montville Plastics and Rubber.

Presidential Financial Provides $20MM Facility to CME

Presidential Financial provided a $20 million working capital facility to CME Acquisitions d/b/a Cleveland Metal Exchange.

Presidential Financial Provides $15MM to Southern Sales & Marketing

Presidential Financial provided a $15 million working capital facility to Southern Sales & Marketing Group, a wholesaler of outdoor lawn furniture.

Presidential Financial Names Lovett as BDO

Presidential Financial added former Wells Fargo Capital Finance veteran Suzanne Lovett to its team as a business development officer in Dallas.

Presidential Financial Adds Swinney as BDO

Presidential Financial added former Huntington National Bank, FirstMerit Bank and Wells Fargo Capital Finance veteran Larry Swinney as a business development officer in Atlanta.