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Marquette Commercial Finance Funds Digital Health Firm

February 01, 2018, 07:00 AM
Filed Under: Healthcare

Marquette Commercial Finance (Marquette), a subsidiary of UMB Financial Corporation announced, it completed new financing with a leading digital health firm that designs and builds powerful solutions. KCP Advisory Group, LLC assisted in designing the best funding solution for the company.
“The management team has been focused on restructuring their company to position themselves to meet the requirements of their diverse customer base,” said Paul Valentine of KCP Advisory Group.
The digital health company provides comprehensive digital strategies to a number of Fortune 500 companies in the healthcare industry. This new financing provides the company with the resources to refinance previous debt along with necessary working capital to meet growing customer demand. The size of the transaction totals nearly two million dollars.
“It was critical for Marquette to underwrite the request quickly, which provided our client with much needed working capital to support the complexities involved in the design and delivery of their customer specific solutions,” said DiAne Reed, executive vice president, director of national sales at Marquette Commercial Finance. “Together with the company’s partnership with KCP Advisory Group LLC, our financing will allow our new client to enter its next phase of growth and further expand in the dynamic and ever-changing healthcare industry as well as adjacent verticals.”

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