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MidFirst Business Credit Announces New Lending Relationship with Bison Metal Technologies, LLC.
September 13, 2021
Source: Crowdfund Insider
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.
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.
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