MidFirst Business Credit Announces New Lending Relationship with Anthony Machine
ATLANTA – MidFirst Business Credit (MFBC) announced it has recently provided a working capital and term facility to Anthony Machine (Anthony). Headquartered in San Antonio, Texas, Anthony provides design and high-precision fabrication services, specializing in small to large gearboxes, pumps, shafts, housings, assemblies, and industrial equipment and parts and repair and maintenance services to companies in the petrochemical, mining & aggregate, aerospace, and processors for the oil and gas industries. The funds were used to refinance existing loans and provide additional working capital to help facilitate further business expansion.
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 $33.3 billion in assets. This unique structure gives MFBC the flexibility of a finance company with the stable financial backing of a bank.