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UMB Capital Finance Provides $2MM Credit Facility to Data Analytics Firm and Software Value Added Reseller

December 16, 2020, 08:49 AM
Filed Under: Technology

UMB Bank, N.A., through its UMB Capital Finance Accounts Receivable Finance business channel, provided a $2 million credit facility to a Massachusetts-based data analytics service firm specializing as a software value added reseller.

The facility will be utilized for working capital support needed for this quickly expanding business.  
UMB Capital Finance has long been a major financing provider with a focus on transportation, manufacturing, distribution and service providers. We offer working capital solutions which combine the strength of our experienced team with a suite of financing solutions that include asset-based loans, accounts receivable financing and factoring, as well as mezzanine debt and minority equity interests.  We service a nationwide footprint with borrowing needs up to $30 million with clients and offices located throughout the United States.

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