# MidFirst Business Credit

MidFirst Business Credit is a Private Equity based in Alpharetta, United States.

## Overview

- **Organization type:** Private Equity
- **Headquarters:** Alpharetta, United States
- **Region:** North America
- **Address:** Alpharetta, GA, United States
- **Founded:** 1981
- **Assets under management:** Undisclosed
- **Website:** www.midfirstbusinesscredit.com
- **LinkedIn:** https://www.linkedin.com/company/midfirstbusinesscredit

## Regulatory record

- **Reports private funds:** No

## About

MidFirst Business Credit is a financing solutions provider based in Alpharetta, Georgia. Founded in 1981, it was formerly known as Presidential Financial Corporation. The firm has made six investments, including a line of credit for Cooney Brothers on March 1, 2024.

## Sectors

- Business Services
- Manufacturing
- Industrial Tech
- Distribution & Logistics

## Questions

### Is MidFirst Business Credit a separate entity from MidFirst Bank?

No. MidFirst Business Credit operates as a division of MidFirst Bank, not as a standalone legal entity or a separate fund. The credit division uses the bank's balance sheet to originate and hold loans, and it sells no equity stakes or LP interests. This structure means all credit decisions ultimately roll up to MidFirst Bank's own underwriting and risk-management framework.

### Does MidFirst Business Credit commit to off-balance-sheet funds or external limited partners?

No. The division is funded entirely on MidFirst Bank's own balance sheet, drawing on the bank's deposit base and capital reserves. There are no external limited partners, no fund-level management fees, and no capital-call mechanisms. This distinguishes it from private credit funds — including many middle-market asset-based lenders — that manage closed-end vehicles with limited-life structures.

### Who owns MidFirst Bank, and how does that affect the business credit division?

MidFirst Bank is privately controlled by the Records family of Oklahoma City, who have held the institution since its origins in the 1930s. The family's multi-generational ownership structure provides the credit division with a permanent capital base, insulating it from the capital-raising and fund-life constraints that influence private credit fund managers. The family does not publicly comment on the bank's strategy, and no family members are named as operators within the Business Credit unit itself.

## Related profiles

- [Mid Europa](https://altss.com/profile/mid-europa)
- [Midinvest Management](https://altss.com/profile/midinvest-management)

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Last updated: 2026-06-03T20:00:00.000Z

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