"Our company experienced significant growth last year and MB was the right choice to help support our continued growth into the future. We look forward to a long prosperous relationship,” says Bob Gajeske, President of Gajeske, Inc.
CHICAGO (PRWEB) January 24, 2018
MB Business Capital, a division of MB Financial Bank, N.A., announced it recently provided a new senior credit facility to Houston, Texas-based Gajeske, Inc. (“Gajeske” or the “Company”). Founded in 1986, Gajeske is a distributor of polyethylene pipe, valves, fittings, and fabrications, as well as the McElroy brand of fusion equipment and Thompson pumps. They have the ability to provide custom fabricated pipe as well as selling and servicing fusion equipment, pumps and accessories. Additionally, Gajeske offers a fleet of equipment for rental. The products and services are used in the industrial, energy, municipal, mining and other end markets. MB’s credit facility was used to refinance existing senior indebtedness and will fund working capital needs going forward.
“Gajeske has experienced significant growth and required a lender that could furnish a solution that meets their immediate and long-term needs. We listened and we delivered,” says Michael Sharkey, President of MB Business Capital.
“We at Gajeske are very pleased to become a part of the MB Financial Group family. Our company experienced significant growth last year and MB was the right choice to help support our continued growth into the future. We look forward to a long prosperous relationship,” says Bob Gajeske, President of Gajeske, 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 a Chicago-based holding company for MB Financial Bank, N.A. 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