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MB Business Capital Provides $6.45MM for Saratoga Forest Management

November 05, 2014, 07:29 AM
Filed Under: Building Supplies

MB Business Capital, a division of MB Financial Bank, N.A., is pleased to announce it recently provided a $6.45 million senior credit facility for Saratoga Forest Management, LLC.  The company operates a sawmill located in Saratoga, WY that produces high grade framing lumber for sale predominantly in the Midwest and Western portions of the US.  Proceeds of the new MB Business Capital financing will be used for working capital needs.

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 commercial banking products and services such as capital markets, treasury and wealth management, international banking and card services.

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