Marquette Business Credit announced it recently provided a $5 million credit facility to help support Elm Creek Partners' acquisition of Liberty Paper Products. The credit facility will also provide additional capital to support the company's business growth expectations. Liberty Paper Products is a Phoenix, AZ-based specialty converter and printer of thermal paper products.
The credit facility consists of a revolving line of credit, equipment term loan, capital expenditure line and a $1.1 million cash flow loan.
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.