Marquette Business Credit, Inc. is pleased to announce it recently provided Document Processing Services, Inc. (DPS) with a $7 million revolving line of credit to support its continued growth.
Located in Southern California, DPS provides document processing services for title companies throughout the U.S. Services include recording real estate related documents for transactions including purchase, refinance and foreclosure with next day confirmation in more than 450 counties across the nation, and 180 counties confirmed within 48 to 72 hours. In California, same day filing/confirmation is possible in select counties with appropriate scheduling.
Marquette Business Credit provides asset-based loans to middle market U.S. based companies with credit requirements from $1million to15 million. On a national basis and to a wide variety of industries, Marquette Business Credit provides secured lines of credit against accounts receivable, inventory, machinery and equipment, real estate, along with cash-flow supported term loans.
Marquette Business Credit is part of the Marquette Financial Companies, a multi-billion dollar diversified specialty finance and banking entity which is owned by the Pohlad Companies founded in the 1950's by Carl R. Pohlad. Throughout the decades, the Pohlad Companies' business interests have expanded to include real estate, technology, retail, entertainment and Major League Baseball with the ownership of the Minnesota Twins.