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MB Business Capital Provides $19.7MM to Marianna Industries

Date: Sep 11, 2014 @ 07:21 AM
Filed Under: Consumer Products

MB Business Capital, a division of MB Financial Bank, N.A., recently provided a $19.7 million senior credit facility for Omaha, NE-based Marianna Industries, Inc. in conjunction with a refinance and recapitalization transaction.  The transaction will provide Marianna with the working capital and financial resources to fund future growth needs.  Marianna, a portfolio company of Charlottesville, VA-based Harren Equity Partners, is a leading developer, manufacturer, importer, marketer and distributor of products for the beauty care industry. 

MB Business Capital is the asset-based lending division of MB Financial Bank, a commercial bank headquartered in Chicago. MB Business Capital seeks asset-based lending opportunities in the $5 million to $50 million range and is offering dedicated syndication opportunities of up to $100 million. The firm can also provide access to the full range of business banking products and services offered by MB Financial Bank.

MB Financial Inc. is the Chicago-based holding company for MB Financial Bank, which has approximately $15 billion in assets and a more than one hundred year history of building deep and lasting relationships with middle-market companies and individuals. MB offers a full range of powerful financial solutions and the expertise and experience of bankers who are focused on their clients’ success.

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