2021 MidFirst Business Credit News
MidFirst Business Credit Announces New Lending Relationship with Bison Metal Technologies, LLC
Sep 13, 2021
ATLANTA – MidFirst Business Credit (MFBC) announced it has provided a $10 million working capital and term loan facility to Bison Metal Technologies, LLC. (“Bison”). 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.
MidFirst Business Credit Announces New Vice President and Senior Underwriter
Jun 28, 2021
ATLANTA – MidFirst Business Credit (MFBC) is pleased to announce the addition of Matt Moledous as vice president, senior underwriter for MidFirst Business Credit. Moledous will have an immediate influence in the underwriting departments as MidFirst Business Credit continues to expect strong deal flow from the new business team.
MidFirst Business Credit Announces New Senior Vice President and Business Development Officer
Jun 14, 2021
ATLANTA – MidFirst Business Credit (MFBC) is pleased to announce the addition of Michael O’Malley as senior vice president, business development officer for MidFirst Business Credit. Based out of Chicago, he will assist with originating senior secured debt facilities for companies throughout Illinois, Wisconsin, Minnesota and Missouri.
MidFirst Business Credit Announces New Lending Relationship with Morcon, Inc.
Jan 4, 2021
ATLANTA – MidFirst Business Credit (MFBC) announced it has provided $8.5 million in working capital and capital expenditure facilities to Morcon, Inc. (Morcon). Located in Eagle Bridge, NY, Morcon is a commercial paper tissue converting company with three primary product lines: tissue, towel and napkins. The funds were used to provide additional working capital and help facilitate further business expansion. The transaction was completed on December 22, 2020.