Marquette Business Credit announced its appointment of Michel Lynch as Senior Vice President, Senior Credit Officer. Working out of Minneapolis, Minnesota, Lynch will support credit activity within the existing portfolio and on new business transactions.
Lynch brings more than 22 years of banking and commercial finance experience from companies such as Wells Fargo, Marquette Financial Companies, First Capital and Triumph Commercial Finance and has a Bachelor’s Degree in Accounting from Iowa State University.
“We are excited to have Michel back on our team,” says Ron Vanek, President of Marquette Business Credit. “After having worked with him under the Marquette Financial Companies umbrella, we are confident that his experience and working knowledge of the company can only amplify the quality of credit administration he can bring under UMB’s growing infrastructure.”
Marquette Business Credit 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.