TCF Capital Funding, a division of TCF National Bank based in Chicago, IL, is a provider of senior secured debt to lower middle market companies throughout the United States. Our products include cash flow loans to private equity and entrepreneur backed companies throughout the United States.
Our niche is the lower middle market, defined as privately held companies with less than $150 million in sales and EBITDA of $2 million to $15 million. Our lending professionals average over 20 years of experience focused on providing leveraged finance products to support:
TCF Capital Funding was started in 2012 and we have completed over 85 transactions and over $1.8 billion in fundings with over $2 billion in commitments. Prior to forming TCF Capital Funding, this experienced deal team worked together for more than 5 years. Today we retain our long-term commitment and focus on providing leveraged loans exclusively to the lower middle market.
Today, TCF Capital Funding is a leading national provider of cash flow loans to the lower middle market.
We define the lower middle market as privately owned companies with revenues between $10 million and $100 million and with $2 million to $15 million of EBITDA. These privately held companies include companies that are owned by private equity sponsors and directly by entrepreneurs. TCF Capital Funding covers this national market through a single office located in Chicago, IL.
Our lending criteria can be summarized as:
We have relationships with private equity sponsors and mezzanine lenders across the United States.
Joe has over 25 years experience starting and growing cash flow and asset based lending groups and has spent his entire career focused on the lower middle market. Prior to starting TCF Capital Funding Joe grew MFC Capital Funding from a de novo business to over $600 million in commitments and previously formed and built Fifth Third Bank's Structured Finance Group. Joe began his career at American National Bank & Trust Company of Chicago where he managed an Asset Based Lending group. Joe is a graduate of Georgetown University and received his MBA from the University of Chicago's Booth Graduate School of Business.