MB Business Capital Announces $25 Million Credit Facility for LDC Stone

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MB Business Capital recently announced it provided a new $25,000,000 senior credit facility to Dallas Texas-based LDC Stone, Inc.

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“We are pleased to be partnering with MB Business Capital on this debt facility to support our ongoing business needs and value creation initiatives,” added Duane Pekar, CEO of LDC Stone Inc.

MB Business Capital, a division of MB Financial Bank, N.A., announced it recently provided a new $25,000,000 senior credit facility to Dallas Texas-based LDC Stone, Inc. (“LDC” or the “Company”). LDC is a leading manufacturer and supplier of kitchen and bath stone and cabinet solutions, providing custom cabinets and countertops and natural stone and quartz materials to the country’s leading designers, developers, and contractors in the multi-family, single-family and renovation markets. MB’s credit facility was used to refinance existing senior indebtedness and will fund working capital needs going forward.

“MB Business Capital was able to incorporate some un-traditional collateral components into the LDC borrowing base resulting in increased liquidity to support the Company’s various growth initiatives. We welcome LDC to MB,” said Michael Sharkey, President of MB Business Capital.

“We are pleased to be partnering with MB Business Capital on this debt facility to support our ongoing business needs and value creation initiatives,” added Duane Pekar, CEO of LDC Stone Inc.

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

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Gemma Bolech Vice President Corporate Communications