MB Business Capital Announces $9.257 Million Credit Facility for Boehm Pressed Steel Company

Share Article

MB Business Capital, a division of MB Financial Bank, N.A., announced it recently provided a new $9,257,000 senior credit facility to Valley City, Ohio-based Boehm Pressed Steel Company (“Boehm”).

News Image
“MB Business Capital closed what they proposed. They provided a comprehensive facility that aligns with the growth and capital needs of Boehm and Validor.” says Matthew Kaufman, Managing Partner of Validor Capital.

MB Business Capital, a division of MB Financial Bank, N.A., announced it recently provided a new $9,257,000 senior credit facility to Valley City, Ohio-based Boehm Pressed Steel Company (“Boehm”). Founded in 1918, Boehm is a manufacturer of custom metal stampings used in the manufacturing/assembly of appliances, automobiles, trucks, mining equipment, consumer products and industrial equipment. MB’s credit facility was used to support Validor Capital’s purchase of a portion of the Boehm’s stock and to fund working capital needs.

Validor Capital is a private investment firm based in Boca Raton, Florida, that is focused on acquiring majority interests in established privately held enterprises in the small to middle market. Validor’s focus is on manufacturing and industrial service businesses.

“MB Business Capital is very well versed in the metal industry. With over 20% of our portfolio in metal related industries we understand the challenges our customers face. MB provides creative solutions that help our customers manage their challenges and run successful organizations. We are extremely happy to welcome both Validor Capital and Boehm to MB.” says Michael Sharkey, President of MB Business Capital.

“MB Business Capital closed what they proposed. They provided a comprehensive facility that aligns with the growth and capital needs of Boehm and Validor.” says Matthew Kaufman, Managing Partner of Validor 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 $19 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.

Share article on social media or email:

View article via:

Pdf Print

Contact Author

Karen Perlman, Senior Vice President
Visit website