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Marquette Business Credit Finances Superior Capital Partners’ Acquisitions

September 13, 2013, 08:01 AM
Filed Under: Distribution

Marquette Business Credit in concert with Superior Capital Partners recently provided acquisition and growth capital for the purchase of Aldora Aluminum and Glass Products, Inc. and Coastal Glass Distributors, Inc.  Both companies are fabricators and value-added distributors of architectural glass and aluminum products.  The combination of Aldora and Coastal creates a leading regional glass fabrication business in the Southeast. 
"I knew from our first meeting Marquette was going to be our bank.  Throughout the process, starting with that first meeting and continuing through due diligence and finally closing what was agreed verbally matched the final terms of the credit agreement.  This was a great way to start a relationship. The whole process was stress free that met every time line and closed exactly as planned..." said Leon Silverstein, CEO of Aldora Aluminum and Glass Products, Inc.
“We felt very comfortable with Marquette Business Credit from the first meeting.  Their partnership philosophy and culture was the right fit for our needs.  Marquette showed great responsiveness and flexibility throughout the process, and they also took the time to understand our business.  These factors allowed our deal to close efficiently and upon the terms we had initially agreed to," added Scott Hauncher at Superior Capital Partners.
Marquette Business Credit provides asset-based loans to middle market U.S. based companies with credit requirements from $1 million to 15 million.  Marquette Business Credit is part of the Marquette Financial Companies, a multi-billion dollar diversified specialty finance and banking entity which is owned by the Pohlad Companies founded in the 1950’s by Carl R. Pohlad. 

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