DALLAS -- MB Business Capital, a division of MB Financial Bank NA, has announced it recently provided a new $12-million senior credit facility to Texas Wholesale.
The company, based in Dallas with warehouse facilities in Dallas and Fort Worth, Texas, is a wholesale distributor of convenience-store merchandise. It specializes in products for convenience stores, beer and wine stores, dollar stores, tobacco shops and others.
The new MB credit facility was provided to refinance the company's debt and to fund working capital needs of the company going forward.
MB Business Capital is the asset-based lending division of MB Financial Bank, a commercial bank based in Chicago. MB Financial Inc. is the holding company for MB Financial Bank, which has approximately $15 billion in assets.
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