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TCF Capital Funding Provides Senior Financing to MCG

August 25, 2014, 07:24 AM
Filed Under: Printing

TCF Capital Funding (TCFCF), the Chicago-based cash flow and asset-based lending division of TCF National Bank, provided secured financing to support the ongoing operations and expansion  of Mail Communications Group, LLC (MCG) in conjunction with its ongoing partnership with Minneapolis-based private equity firm, Stone Arch Capital. 

Mail Communications Group, LLC is a leading provider of transactional laser printing, electronic document and presort mailing services with additional capabilities in lettershop, fulfillment and delivery services.  The company serves clients in financial services, health care, insurance and other industries. The company's four subsidiaries, Mail Services, LLC, located in Urbandale, Iowa, Qualified Presort Service, LLC, located in Sioux Falls, South Dakota, Presort Plus, LLC, located in Bismarck, North Dakota, and Ozark Mailing Service, LLC, located in Springfield, Missouri, each provide similar services within their respective geographic regions. 

Edward Ryczek, Senior Vice President of TCF Capital Funding, said, “We are excited to enter into this relationship with Stone Arch Capital and with the management team at Mail Communications Group.  We look forward to supporting the business through its continued growth.” 

Stone Arch Capital, LLC is a Minneapolis-based private equity fund formed to make equity investments in Midwest private companies across a broad range of industries.

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.                                                    







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