Marquette Business Credit announced the addition of Stephen Shelton to its Business Development team. Shelton joins Marquette as a Senior Vice President, Business Development Officer and will work out of Marquette’s newest location in New York City covering the Northeast.  With his extensive origination experience throughout the New York metropolitan area, Shelton is the perfect addition for Marquette to broaden its national calling efforts in the City.
 
Stephen brings more than 33 years of professional experience in the banking and financial industry. His extensive background includes experience from several companies such as BBVA, PNC Business Credit and GE Capital. Stephen received his Bachelor of Business Administration from Baylor University.

"We are delighted to have Stephen join our team and look forward to supporting him and the many opportunities that he develops." said Ken Pardue, EVP and National Marketing Manager of Marquette Business Credit.

Marquette Business Credit, a subsidiary of UMB Bank, n.a.,  provides asset-based loans up to $25 million to middle-market companies throughout the U.S. The loans are made to a wide variety of industries and include secured lines of credit against accounts receivable, inventory, machinery and equipment, real estate, along with cash flow supported term loans.
 
UMB Financial Corporation is a diversified financial holding company headquartered in Kansas City, Mo., offering complete banking services, payment solutions, asset servicing and institutional investment management to customers. UMB operates banking and wealth management centers throughout Missouri, Illinois, Colorado, Kansas, Oklahoma, Nebraska, Arizona and Texas, as well as two national specialty-lending businesses.