UMB Bank, N.A., through its UMB Capital Finance Accounts Receivable Finance business channel, provided a $5 million credit facility to a Texas based integrator and supplier of video conference systems. The facility will be utilized for working capital support needed for this quickly expanding business.
UMB Capital Finance has long been a major financing provider with a focus on transportation, manufacturing, distribution and service providers. We offer working capital solutions which combine the strength of our experienced team with a suite of financing solutions that include asset-based loans, accounts receivable financing and factoring, as well as mezzanine debt and minority equity interests. We service a nationwide footprint with borrowing needs up to $30 million with clients and offices located throughout the United States.