2024 MidFirst Business Credit News
MidFirst Business Credit Announces New Lending Relationship With Orly International, Inc.
Sep 18, 2024
ATLANTA – MidFirst Business Credit (MFBC) announced it has recently provided a $7 million working capital facility to Orly International, Inc. (“Orly”). Headquartered in Los Angeles, CA, Orly is a manufacturer and wholesaler of high-quality nail lacquers and various nail care products. The funds were used to refinance existing loans and provide additional working capital to help facilitate further business expansion.
MidFirst Business Credit Announces New Lending Relationship with Cooney Brothers, LLC
Feb 29, 2024
ATLANTA – MidFirst Business Credit (MFBC) announced it has recently provided working capital and term facilities to Cooney Brothers LLC (“Cooney Bros”). Headquartered in Plymouth Meeting, PA, Cooney Bros is a distributor of pipe, valves and fittings, and other custom welded piping products for OEMs and for use in the pharmaceutical, food & beverage, power generation, marine, chemical and plastics industries. The funds were used to fund the acquisition of the business by V&A Capital, a leading lower middle market investment firm, from the founding family and to provide additional working capital to help facilitate further business expansion.
MidFirst Business Credit Announces New Lending Relationship with Custom Equipment, LLC
Jan 25, 2024
ATLANTA – MidFirst Business Credit (MFBC) announced it has recently provided a working capital facility to Custom Equipment, LLC (“Custom”). Headquartered in West Bend, WI, Custom designs and manufacturers highly versatile scissor lifts that due to their unique agility, size and weight can accommodate various end-user environments. The funds were used to refinance existing loans and provide additional working capital to help facilitate further business expansion.