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


MidFirst Business Credit Provides $10MM Working Capital, Term Loan to Bison Metal Technologies

September 14, 2021, 08:00 AM
Filed Under: Manufacturing

MidFirst Business Credit (MFBC) provided a $10 million working capital and term loan facility to Bison Metal Technologies, LLC. Located in Shawnee, OK, Bison is a manufacturer of seamless copper commercial tube in a broad range of lengths and diameter sizes, including wound coils and straight lengths for air conditioning, refrigeration and heating applications. The funds were used to refinance their existing loan and provide additional working capital to help facilitate further business expansion. The transaction was completed on August 2, 2021.

Headquartered in Atlanta with offices in Nashville, Detroit, Chicago, Dallas, Phoenix and Los Angeles, MidFirst Business Credit provides customized, 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, the nation’s largest privately held bank with more than $31 billion in assets. This unique structure gives MFBC the flexibility of a finance company with the stable financial backing of a bank.

Comments From Our Members

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