About MidCap Business Credit
MidCap Business Credit is a company based in West Hartford (United States) founded in 2004, and was acquired by Cantaro Capital in April 2010. Working capital loans are provided to US manufacturers and distributors. Its chief executive, as recorded, is William J Black. MidCap Business Credit offers products and services including Working Capital Loans and Equipment Finance. Its legal entity is MidCap Business Credit Company.
Company details
MidCap Business Credit was founded in 2004 and functions as a commercial lender in the financial services sector. Operations focus on delivering working capital loans ranging from 2 million to 15 million to small and mid-size manufacturers, distributors, wholesalers, and service companies across the United States. Asset-based lines of credit are extended to small and medium enterprises, while collateral monitoring services are supplied to financial institutions.
- Headquarters West Hartford, United States
- Stage Acquired
- Email••••••••
- Phone•••• ••••
- Website midcap.com
- Social LinkedIn X
- Acquired by Cantaro Capital (Apr 2010)
- Legal Name Midcap Business Credit Company
- Latest Funding Round$5M (USD), Debt – Conventional
Apr 2025
- InvestorsWells Fargo
& 4 more
- Acquired byCantaro Capital
(Apr 2010)
Products & Services of MidCap Business Credit
MidCap Business Credit offers a comprehensive portfolio of products and services, including Working Capital Loans and Equipment Finance.
Working capital loans are provided to refinance existing arrangements and support business operations
Equipment finance is offered for purchasing and leasing assets to facilitate business growth
Funding Insights of MidCap Business Credit
- Total Rounds 7
- Last Round Debt – Conventional — $5M
- First Round $315,000
(Sep 2009)
- Investors Count 4
All 7 funding rounds of MidCap Business Credit with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2025 | $5M | Debt – Conventional | – | – | – |
| Apr 2022 | $200M | Debt – Conventional | – | – | |
| Mar 2021 | $8M | Debt – Conventional | – | – | – |
| Mar 2021 | $5M | Debt – Conventional | – | – | – |
| Mar 2019 | $7.5M | Debt – Conventional | – | – | |
| Jul 2018 | $100M | Debt – Conventional | – | – | |
| Sep 2009 | $315,000 | Grant | – | – |
5 investors in total: 5 institutional.
Investors in MidCap Business Credit
MidCap Business Credit has secured backing from 5 investors, including institutional investors. Prominent investors backing the company include Wells Fargo, TAB and Wellsfargocapitalfinance.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Diverse financial services and online banking are provided to clients. | 1852 | wellsfargo.com | San Francisco, United States | |
Paper and electronic records are managed through specialized solutions. | 1950 | tab.com | Mayville, United States | |
| wellsfargocapitalfinance.com | ||||
Resources and assistance are provided to HUD's community partners. | hudexchange.info | United States | ||
| cantaro.com |
Investor details for MidCap Business Credit
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of MidCap Business Credit
8 people are tracked at MidCap Business Credit (6 in leadership, 2 in team).
| Name | Role | Group |
|---|---|---|
William J Black | CEO | Leadership |
Bruce Pavesich | Senior Vice President | Leadership |
Steven Samson | President | Leadership |
Tabitha Black | Marketing Director | Leadership |
Seth Cooper | Senior Vice President | Leadership |
Jay Cunningham | Svp, Head Of Credit And Diligence | Leadership |
Crystal Fitzwilliam | Sr Asset Base Lending | Team |
Rusty Bramlett | SVP - Business Development | Team |
Complete people profiles for MidCap Business Credit
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
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Verified entity values are shown only after access is granted.
Timeline of MidCap Business Credit
4 dated milestones of MidCap Business Credit across 21 years, from founding to its latest funding, stage changes and deals.
- Founded MidCap Business Credit is founded.
- Funding First funding round of $315K.
- Exit Acquired by Cantaro Capital.
- Funding Latest funding round, Debt – Conventional, of $5.0M.
Web traffic of MidCap Business Credit
The website of MidCap Business Credit (midcap.com) receives about 1.7K visits a month.
- Monthly visits1.7K
▲ 8.8% vs previous month
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Frequently Asked Questions about MidCap Business Credit
MidCap Business Credit was founded in 2004 and raised its 1st funding round 5 years after it was founded.
MidCap Business Credit is headquartered in West Hartford, United States. It is registered at West Hartford, Connecticut, United States.
William J Black is the CEO of MidCap Business Credit, as recorded in our data.
MidCap Business Credit was founded in 2004 and functions as a commercial lender in the financial services sector. Operations focus on delivering working capital loans ranging from 2 million to 15 million to small and mid-size manufacturers, distributors, wholesalers, and service companies across the United States. Asset-based lines of credit are extended to small and medium enterprises, while collateral monitoring services are supplied to financial institutions.
MidCap Business Credit offers Working Capital Loans and Equipment Finance.
MidCap Business Credit has 5 investors. Key investors include Wells Fargo, TAB, Wellsfargocapitalfinance, HUD Exchange, and Cantaro Capital.
MidCap Business Credit operates through Midcap Business Credit Company.
Yes. MidCap Business Credit was acquired by Cantaro Capital in April 2010.