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:

  • Bankruptcies
  • Buyouts
  • Expansion / Acquisition / Mergers
  • Periods of rapid growth
  • Restructurings / Refinancing
  • Turnarounds
  • Recapitalization
  • Supplier Discounts

mBank's Business Credit Team

Headquarter Office

Ed Lewan

Ed Lewan

President
248-205-5925
Austin Myers

Austin Myers

Assistant Vice President Credit Manager
248-205-5926
Raymond Ferguson

Raymond Ferguson

Portfolio Manager
248-205-5927

Midwest Office

Photo of Michael Gallagher

Michael Gallagher

Regional Sales Manager
847-550-1380

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.