Chicago, IL (PRWEB) December 24, 2014
MB Business Capital, a division of MB Financial Bank, N.A., announced that it recently provided a new senior credit facility to Kansas City, Missouri based, SMWC Acquisition Co., Inc. which does business under the name Steel Manufacturing & Warehouse Co. The company is a distributor of heavy carbon steel including flat-rolled plates and shaped products as well as precision cut-to-length coil processing. Proceeds of the facility are being used to fund ongoing working capital.
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 business banking products and services offered by MB Financial Bank.
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.