TCF Capital Funding (TCFCF), the Chicago-based cash flow and asset-based lending division of TCF National Bank, announced that it provided $16 million of secured financing to support the recapitalization of AllOver Media, Inc. 

AllOver Media, Inc. is headquartered in Minneapolis, MN and was founded in 2002.  AllOver operates as a media & advertising company that offers alternative out-of-home advertising products at high-traffic locations across the United States.  The company provides its customers with the ability to create highly targeted advertising to reach captive audiences at gas stations, convenience stores, in high traffic restaurants and sports venues, on ice boxes and truck sides. 

"AllOver Media represents a growing niche platform in the advertising sector, and the TCF Capital Funding team is excited to provide financing for this growing company,” said TCF Capital Funding Senior Vice President Thomas Karle.

TCF Capital Funding provides cash flow and asset-based lending to lower middle market businesses.  National in scope, this senior leveraged lending group focuses on providing private equity sponsor-backed cash flow loans and asset-based loans to companies with less than $100 million in revenue and between $2 million and $10 million in EBITDA. 

TCF Bank is a wholly-owned subsidiary of TCF Financial Corporation, a Wayzata, Minnesota-based national bank holding company.