MB Business Capital announced that John Littrell has joined its middle-market asset-based lending team as senior vice president, account executive in MB’s Rosemont, ILoffice. In this role, he will be managing a portfolio of relationships and working on special projects. Littrell’s hiring is one of many in 2016 as MB Business Capital continues to expand its operations including opening seven new nationwide offices including Toronto, Canada.

Littrell brings almost 30 years of banking experience to MB. Previously he served as a group senior vice president/group manager of the First Midwest Bank’s asset-based lending group. Prior to First Midwest, he held positions at First Chicago Bank and Trust, LaSalle Business Credit/ABN AMRO, Nations Credit Commercial Finance and Fidelcor/The CIT GROUP Credit Finance. Littrell is a member of the Commercial Finance Association (CFA), the Turnaround Management Association (TMA) and the Association for Corporate Growth (ACG). Littrell received his Bachelor of Science in Finance from the University of Illinois.

Michael Sharkey president of MB Business Capital said "We are thrilled to welcome John to the MB Business Capital team. John’s in-depth experience and knowledge of asset based lending will compliment our team’s commitment to top-notch customer service."

MB Business Capital is the asset-based lending division of MB Financial Bank, a Commercial bank headquartered in Chicago, Illinois. 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.