CHICAGO, Sep 19, 2018 (PRWeb.com via COMTEX) — MB Business Capital, a analysis of MB Banking Bank, N.A., appear it acted as sole lender and authoritative abettor on the allotment of a $29,500,000 chief acclaim ability to Berkeley, Illinois-based Honey-Can-Do International, LLC (“HCD”). HCD is a arch cast of assorted home appurtenances products, affairs to retailers primarily in the United States.
Product is awash primarily beneath the Honey Can Do cast name as able-bodied as Kitchen Supply Co., Perch, Urbio, Old Stone Oven, and Zevro. Additionally, the Aggregation sells beneath abundant clandestine characterization cast names. MB’s acclaim ability was acclimated to refinance chief acknowledgment and to armamentarium alive basic needs activity forward.
“MB Business Basic was able to aing this new accord on a bound timeline while accouterment added clamminess by leveraging disinterestedness in anchored assets and alms a adjustable agreement package. MB Banking is actual blessed to acceptable HCD,” said Michael Sharkey, President of MB Business Capital.
“The absolute Honey-Can-Do aggregation is aflame about our new affiliation with MB Business Capital. MB fabricated the alteration seamless after a disruption to our circadian business. With our abundant alive basic requirements, all-embracing operations, absolute acreage and added needs, MB’s apartment of offerings fit our requirements actual well. MB has all of the offerings and assets that we charge to abide our advance while additionally demography the time to accept our business to be a value-added partner,” said Steve Greenspon, Chief Executive Officer of Honey-Can-Do All-embracing LLC.
About MB Business Basic MB Business Basic is the asset based lending analysis of MB Banking Bank, a bartering coffer headquartered in Chicago, Illinois. MB Business Basic seeks asset based lending opportunities in the $5 actor to $35 actor ambit and is alms committed alliance opportunities of up to $100 million. The close can additionally accommodate admission to the abounding ambit of business cyberbanking articles and casework offered by MB Banking Bank.
About MB Financial, Inc. MBFI, 0.22% MB Financial, Inc. is the Chicago-based captivation aggregation for MB Banking Bank, which has about $20 billion in assets and a added than one hundred year history of architecture abysmal and abiding relationships with middle-market companies and individuals. MB offers a abounding ambit of able banking solutions and the ability and acquaintance of bankers who are focused on their clients’ success. Learn added about MB Financial, Inc. at http://www.mbfinancial.com
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