Presidential Financial Corporation announced it has provided an $8.5 million working capital and term loan facility to MDS Foods, Inc. Headquartered in Massillon, Ohio, MDS Foods is a premium cheese manufacturer and supplier of slices, shreds, chunks, cubes, and loaves for supermarket delis and restaurants from coast to coast. The funds were used to refinance existing debt and to provide additional working capital. The transaction was completed on November 23, 2016.

Headquartered in Atlanta with offices in Cleveland and Chicago, Presidential Financial Corporation provides customized and flexible financing solutions to growing businesses nationwide. Offering lines of credit from $2 million to $30 million or more, Presidential Financial Corporation provides working capital and term loan facilities for acquisitions, recapitalizations, working capital needs and turnaround situations.