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Presidential Financial Changes Name to MidFirst Business Credit

July 22, 2019, 08:00 AM
Filed Under: Industry News

Presidential Financial Corporation (PFC) announced that it will be changing its name to MidFirst Business Credit. This allows PFC to align more closely to MidFirst Bank, its parent company, while continuing to provide best of class asset-based lending and banking services.

As always, the focus remains on our customers, and as such, all services will remain the same. MidFirst Business Credit President Dennis Schlesner says, "This is an exciting new chapter for our business, allowing us to further enhance our already great line of products and services and align ourselves more closely with the corporate brand."

Headquartered in Atlanta with offices in Chicago, Dallas, Detroit, Nashville, and Phoenix, MidFirst Business Credit provides customized and flexible financing solutions to growing businesses nationwide. Offering lines of credit of up to $30 million, MidFirst Business Credit provides working capital and term loan facilities for acquisitions, recapitalizations, working capital needs and turnaround situations.

MidFirst Business Credit is owned by MidFirst Bank, one of the nation's largest privately held banks with more than $19 billion in assets. This unique structure gives MidFirst Business Credit the flexibility of a finance company with the financial backing and stability of a bank.

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