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mBank Business Credit Funds $2.5MM LOC for Illinois-based Manufacturer

March 16, 2021, 07:00 AM
Filed Under: Manufacturing


An Illinois manufacturer of drainage piping and plastic tubing was looking for a new lender. mBank Senior Management personally visited the client and reviewed their plans and met with all management and their consulting firm. mBank then presented the company with a customized financial package that met their needs. The loan closed in February 2021.   
 
mBank Business Credit is the Asset Based Lending Division of mBank and provides lines of credit up to $10,000,000 for companies in transition due to rapid growth, acquisition, recapitalization, or in turnaround.  







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