FREE MEMBERSHIP Includes » ABL Advisor eNews + iData Blasts | JOIN NOW ABLAdvisor Gray ABLAdvisor Blue
Skip Navigation LinksHome / News / Read News


MB Business Capital Provides Credit Facility to Gajeske

January 25, 2018, 07:02 AM
Filed Under: Building Supplies

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. 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.

Comments From Our Members

You must be an ABL Advisor member to post comments. Login or Join Now.