“The MB team worked diligently to structure a deal that will enable E.J. Victor to capitalize on a healthy furniture market and grow their business." Michael Sharkey, President, MB Business Captial
Chicago, IL (PRWEB) October 10, 2017
MB Business Capital, a division of MB Financial Bank, N.A., announced it recently provided a new $9,000,000 senior credit facility to Morganton, North Carolina-based E.J. Victor, Inc. E.J. Victor is a manufacturer and importer of high quality hand crafted furniture such as sofas, beds, loveseats, chests, mirrors, benches, ottomans and other accessories. MB’s credit facility will be used to fund working capital needs.
“The MB team worked diligently to structure a deal that will enable E.J. Victor to capitalize on a healthy furniture market and grow their business. MB Business Capital welcomes E.J Victor.” says Michael Sharkey, President of MB Business Capital.
John Jokinen, CEO of E.J. Victor, Inc., says, “MB capital totally understands our furniture industry and aggressively worked to provide our financial needs and future sales growth opportunities- a great young team to work with!”
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 $35 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 $20 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