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Marquette Business Credit Funds $5MM Credit Facility to FlexManage

September 27, 2016, 07:30 AM
Filed Under: Consulting Services

Marquette Business Credit recently funded a $5 million credit facility to FlexManage, a portfolio company of Eureka Growth Capital.  Based out of Chicago, FlexManage is an IT consulting and service provider with branch offices across the United States. 

The secured facility consists of a revolving line of credit that will allow FlexManage to refinance their existing debt and provide additional capital to meet their business growth expectations. 

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. 

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. UMB operates banking and wealth management centers throughout Missouri, Illinois, Colorado, Kansas, Oklahoma, Nebraska, Arizona and Texas, as well as two national specialty-lending businesses.

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