2022 MidFirst Business Credit News
MidFirst Business Credit Announces New Lending Relationship with Heat Transfer Tubular Products, LLC
Aug 26, 2022
ATLANTA – MidFirst Business Credit (MFBC) announced it has provided a $9 million working capital and term facility to Heat Transfer Tubular Products, LLC (HTTP). Headquartered in Conroe, Texas, HTTP is a value-added distributor of niche products for heat exchangers, condensers, boilers, feed-water heaters and economizers. HTTP also provides value-added services, such as cutting, finning, bending and heat-treating. The funds were used to refinance existing loans and provide additional working capital to help facilitate further business expansion. The transaction was completed on August 26.
MidFirst Business Credit Announces New Lending Relationship with Group360, Inc. d/b/a We Are Alexander
May 16, 2022
ATLANTA – MidFirst Business Credit (MFBC) announced it has provided a $5.5 million working capital facility to Group360, Inc., d/b/a We Are Alexander ("We Are Alexander). Headquartered in St. Louis with offices in New York and Dallas, We Are Alexander provides a portfolio of integrated marketing communications services, including strategy, creative, retail marketing, packaging design and production, premedia, photography and experiential marketing. 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 May 16, 2022.
MidFirst Business Credit Announces New Vice President and Business Development Officer
Feb 2, 2022
ATLANTA – MidFirst Business Credit (MFBC) is pleased to announce the addition of Justin Carter as vice president and business development officer. Based out of Los Angeles, he will assist with originating senior secured debt facilities for companies throughout California and the West Coast.
MidFirst Business Credit Announces New Lending Relationship with Coast Medical Service, Inc.
Jan 24, 2022
ATLANTA – MidFirst Business Credit (MFBC) announced it has provided a $15 million working capital facility to Coast Medical Service, Inc. (“Coast Medical”). Headquartered in Los Angeles, Coast Medical is a healthcare staffing company that recruits and hires nurses for placement in both short-term and longer-term assignments at hospitals and other medical centers. 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 January 19, 2022.