Firstmerit Business Online – FirstMerit Bank Business Credit supplies structured finance and asset-based customized financial options in the USA. It provides services in the regions of revolving lines of credit, term loans, money flow centers, co-lending and participations with different creditors, mergers or acquisitions, debt refinancing or restructuring, re-capitalization, based turnarounds, seasonal working capital changes, DIP/confirmation financing, and loan syndications/participations.
The company serves the producers, distributors, wholesalers, and service suppliers. The company was previously called First Bank Business Capital, Inc.. Because of the acquisition of First Bank Business Capital, Inc. from Firstmerit Bank, National Association, First Bank Business Capital, Inc.’s title changed in FirstMerit Bank Business Credit. The company was established in 1998 and is located in St. Louis, Missouri with additional offices in Akron, Cleveland, Cincinnati, and Chicago.