MB Business Capital Announces a $10 Million Funding for Azco Supply
Chicago, IL (PRWEB) April 28, 2015 -- MB Business Capital, a division of MB Financial Bank, N.A., announced it recently provided a new $10 Million senior credit facility to Stockton, CA-based Azco Supply, Inc. Azco is a distributor of underground materials such as PVC conduit, underground pipe and wiring, transformers, LED street lighting, and traffic signals. The new MB credit facility was provided to refinance debt and to fund working capital needs of the company going forward.
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.
Karen Perlman, MB Financial Bank, http://www.mbfinancial.com, +1 847.653.1788, [email protected]
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