2018 MidFirst Business Credit News
Presidential Financial Corporation Announces Loan with Selinsky Force, LLC
Aug 15, 2018
ATLANTA - Presidential Financial Corporation Announces Loan with Selinsky Force, LLC
Presidential Financial Corporation Announces Loan with OakCraft, Inc
Aug 13, 2018
ATLANTA - Presidential Financial Corporation Announces Loan with OakCraft, Inc
Presidential Financial Corporation Announces Loan With FSTI, LLC
Jul 18, 2018
ATLANTA - Presidential Financial Corporation announced it has provided $10 million in working capital and term facilities to FSTI Inc. Headquartered in Austin, Texas, FSTI Inc. manufactures and distributes a range of chemical products and provides logistics services to companies in the oil and gas, semiconductor, and technology industries, and to municipal utility companies throughout Texas and neighboring regions. The funds were used to refinance the payoff to an existing lender, provide additional working capital, and help facilitate further business expansion. The transaction was completed July 13, 2018.
Presidential Financial Corporation Announces Loan With Montville Plastics & Rubber, LLC
Jan 17, 2018
ATLANTA - Presidential Financial Corporation announced it has provided $4 million in working capital and term facilities to Montville Plastics & Rubber, LLC. Headquartered in Parkman, Ohio, Montville is a manufacturer of custom injection molded and extruded plastic products. They specialize in precision profile plastic extrusion of various materials that serve manufacturers of industrial and consumer products, including the transportation, utilities and construction markets. The funds were used to refinance the payoff to an existing lender, provide additional working capital, and help facilitate further business expansion. The transaction was completed on January 11, 2018.