Chicago, IL (PRWEB) March 26, 2015
MB Business Capital, a division of MB Financial Bank, N.A., announced it recently provided a new senior credit facility to Bloomfield Hills, Michigan-based Summit Sports, LLC. Summit Sports is an action sports retailer that owns and operates a number of retail stores and websites, with over 18 years of Internet retail experience. Summit is a portfolio company of Boston-based Digital Fuel Capital. Digital Fuel Capital is an investment firm focused on e-commerce and digital marketing. The new MB credit facility was provided to fund future working capital and growth needs of the company.
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.