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MB Business Capital Provides $12MM Facility to Texas Wholesale

April 08, 2015, 07:11 AM
Filed Under: Distribution

MB Business Capital announced it recently provided a new $12 million senior credit facility to Texas Wholesale.  The company based in Dallas, TX with warehouse facilities in Dallas and Fort Worth, TX is a wholesale distributor of convenience store merchandise. The new MB credit facility was provided to refinance the company’s debt and to fund working capital needs of the company going forward.

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.

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