Marquette Business Credit announced it recently funded a new $4 million revolving line of credit to a national branded designer, developer, and distributor of premium rugged mountain lifestyle apparel and accessories. The secured credit facility will provide the company with the growth capital needed to support its continued expansion.
Marquette Business Credit provides asset-based loans to middle-market U.S. based companies with credit requirements from $2 million to $25 million. On a national basis, to a wide variety of industries, Marquette provides 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. Subsidiaries of UMB include companies that offer services to mutual funds and alternative-investment entities and registered investment advisors that offer equity and fixed income strategies to institutions and individual investors.