Webster Bank provides a $15,000,000 Asset Based Lending facility to MWC WB SPV LLC, an affiliate of Mount Wilson Capital LLC

Webster Bank’s Asset-Based Lending Group, in partnership with their Middle Market Banking Group, recently provided a $15MM asset-based secured revolving credit facility to MWC WB SPV LLC, an affiliate of Mount Wilson Capital LLC. MWC is a real estate finance company that specializes in providing residential transition loans to residential developers and investors in support of their activities in developing or refurbishing residential properties for resale or rent.

“Webster Bank is more than a capital provider; they’re a true banking partner. Their responsiveness, understanding of our business, and direct access to decision makers make all the difference.” –  Tibor Wilheim, Founder, Mount Wilson Capital LLC

MWC is a direct lender in the Mid-Atlantic, Midwest and Northeast regions of the US and originates loans through relationships cultivated with experienced investors by creating a local market presence. Headquartered in Owings Mills, MD and Cedarhurst, NY and founded in 2021.

“This transaction reflects Webster Bank’s commitment to supporting specialized real estate lenders like MWC. We value the opportunity to work with their experienced team and are proud to deliver a tailored credit solution that aligns with their growth strategy.”
— Leo Goldstein, Sector Head – Real Estate Lender Finance, Webster Bank