mBank Business CreditAsset-Based Lending
mBank Business Credit (ABL) is a division of mBank, a subsidiary of Mackinac Financial Corporation, that provides asset-based lines of credit to companies outside of traditional bank financing.
Our collateral-backed lending solutions are ideal for small to mid-sized companies and second-stage companies that need alternative cash flow strategies to meet the financial obligations of the business.
mBank Business Credit asset-based lines of credit range from $500,000 — $7,500,000. mBank Business Credit brings years of alternative financing experience from a host of industries, including: manufacturing, service, private equity, venture capital and commercial lending.
Our diverse background enables us to understand and assist in the execution of your business plan. We work directly with business owners, supporting them through various demanding situations such as:
- Expansion / Acquisition / Mergers
- Periods of rapid growth
- Restructurings / Refinancing
- Supplier Discounts
mBank's Business Credit Team
Latest Funding Story
mBank Business Credit Funds $3,000,000 ABL Line of Credit
An Illinois based distributor of soft goods suffered some setbacks and its existing bank asked them to exit. We met with their ownership team and listened to their turnaround plan. We extended them a $3,000,000 asset-based line of credit to help them get back on track. In the future, we’ll transition this client to a more traditional bank line of credit – making us a permanent solution for their progress. We can help you, too. Just give us a call.