MB Business Capital Announces a $6.450 Million Funding for Saratoga Forest Management
(PRWEB) November 04, 2014 -- MB Business Capital, a division of MB Financial Bank, N.A., is pleased to announce it recently provided a $6,450,000 Senior Credit Facility for Saratoga Forest Management, LLC. The company operates a sawmill located in Saratoga, WY that produces high grade framing lumber for sale predominantly in the Midwest and Western portions of the US. Proceeds of the new MB Business Capital financing will be used for working capital needs.
About MB Business Capital
MB Business Capital is the asset based lending division of MB Financial Bank, a commercial bank headquartered in Chicago, Illinois. MB Business Capital seeks asset based lending opportunities in the $5 million to $50 million range and is offering dedicated syndication opportunities of up to $100 million. The firm can also provide access to the full range of commercial banking products and services such as; capital markets, treasury and wealth management, international banking and card services.
About MB Financial, Inc. (NASDAQ: MBFI)
MB Financial Inc. is the Chicago-based holding company for MB Financial Bank, which has approximately $15 billion in assets and a more than one hundred year history of building deep and lasting relationships with middle-market companies and individuals. MB offers a full range of powerful financial solutions and the expertise and experience of bankers who are focused on their clients’ success. Learn more about MB Financial, Inc. at http://www.mbfinancial.com.
Karen Perlman, MB Financial Bank, http://www.mbfinancial.com, +1 847.653.1788, [email protected]
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