MidFirst Business Credit (MFBC) provided a working capital facility to Alcrete Industries, LLC (Alcrete). Headquartered in Pell City, AL, Alcrete is a manufacturer of precast concrete products used in new construction projects. The funds were used for an add-on acquisition, 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 $34.7 billion in assets. This unique structure gives MFBC the flexibility of a finance company with the stable financial backing of a bank.