Marquette Business Credit announced it recently funded a credit facility consisting of an asset-based revolving line of credit and an equipment term loan for Sunbelt Chemicals Corp.  Sunbelt Chemicals Corp., headquartered in Palm Coast, Florida, is a manufacturer and packager of high quality branded and private label chemical products for the home, industrial, automotive, marine, and swimming pools markets.

“Marquette partnered with us providing a competitive facility tailored to our business need,”  said Tim Capp, CFO Sunbelt Chemicals, Corp.

Marquette Business Credit provides asset-based loans to middle-market U.S. based companies with credit requirements from $1 million to $15 million.  On a national basis, 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.