Marquette Provides $25MM+ to Three New Clients

Marquette Business Credit recently funded three new clients with new commitments totaling more than $25 million. These new clients include Arch Auto Parts, a near-immediate distributor of auto parts and supplies; Gordon Lumber, a lumber yard specializing in the manufacturing of roof/floor truss components and Blashack Coal, a processor and provider of high quality anthracite coal.

These secured credit facilities contain a range of revolving lines of credit and equipment term loans. Marquette’s credit facilities will provide these companies with the funds necessary to meet their working capital needs, refinance existing debt, purchase additional equipment and meet their business growth expectations.

Marquette Business Credit, a subsidiary of UMB Bank, provides asset-based loans up to $50 million to middle-market companies throughout the U.S. Marquette Business Credit makes loans to a wide variety of industries, which include lines of credit secured by accounts receivable and inventory, term loans supported by equipment and real estate, as well as cash-flow supported term loans.

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Terry Mulreany
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Susie Angelucci
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