Asset Based Lending

MB Business Capital and MB Business Capital Canada provide asset based lending to middle-market companies throughout the United States and Canada, assisting with acquisitions, dividend recapitalizations, growth, debt restructurings, debtor-in-possession, and turnarounds
We work with a diverse customer portfolio.
Klean Kanteen logo
Klean Kanteen
Chico, CA
Metal Container Manufacturing
Playmonster logo
PlayMonster
Beloit, WI
$23.5 million
Entertainment Products
Valley Fine Foods logo
Valley Fine Food
Benicia, CA
$32.9 million
Food
Via Seating logo
Via, Inc
Sparks, NV
$5.8 million
Furniture
E.J. Victor, Inc
Morganton, NC
$9 Million

MB Business Capital provides flexible structures that include revolving lines of credit, supported by accounts receivable, and inventory and term loans, supported by equipment and real estate. MB also offers cash flow term loans based upon historical pro forma performance

General Lending Parameters

Loan Commitments

  • $5m to $35m US and CAD 5 million to CAD 40 million
  • Dedicated syndication capabilities up to $100m US and CAD

Is Asset Based Lending A Good Fit?

Companies considering any of these financing options should generally be profitable, with sufficient cash flow to cover debt service. In the case of turnarounds, these companies should project a return to profitability that can be documented through due diligence.

Industries

MB Business Capital supports companies from a wide range of industries as they achieve their goals – from manufacturers to distributors, selected service companies, and regional or national store-based retail chains. These companies typically have sales from $25 million to $500 million.

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Financing Options

Revolver

  • Up to 85% of eligible accounts receivable
  • Up to 60% of eligible inventory with higher rates available based upon appraisal and to meet seasonal needs

Term Loans

  • Up to 80% of orderly liquidation value of equipment
  • Up to 75% of appraised fair market value of real estate
  • Capital expenditure facilities available to finance new equipment purchase

Amortization

  • Up to 7 years – equipment loans
  • Up to 15 years – real estate loans

Cash Flow Loans

  • Up to 25% of the total credit facility and supported by sufficient cash flow to repay principal, generally within 36 months
  • Equity/Mezzanine/Second Lien
  • Available through preferred third-party sources

Performances

Prospects should generally be profitable with sufficient cash flow to cover debt service. Turnarounds are selectively considered provided a return to profitability can be documented through due diligence 

All business carried on in Canada is carried on by MB Business Capital Canada Inc. which is a subsidiary of MB Financial Bank and is licensed to use the trademark “MB Financial” and “MB Business Capital”.

 

Need to finance equipment?

Explore MB's equipment financing solutions.