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Marquette Business Credit Closes $5MM Facility With TCMG

December 17, 2014, 07:19 AM
Filed Under: Manufacturing

Marquette Business Credit, Inc. recently provided a $5 million credit facility to finance Texas Contract Manufacturing Group's ("TCMG") acquisition and consolidation of two high-end, specialty contract manufacturers in Texas and Nevada. TCMG is a portfolio company of Camwood Capital Group, an Austin, Texas based boutique private equity firm focused on the lower middle market. The credit facility consisted of a working capital line of credit and an equipment term loan. This transaction was originated by Andrew Burgess, a VP at Marquette's Dallas office.

Marquette Business Credit provides asset-based loans to middle-market U.S. based companies with credit requirements from $2 million to $15 million. 

Marquette Business Credit is owned by Marquette Financial Companies, which is part of the Pohlad Companies, a diverse group of more than 25 independent companies owned by the Pohlad family.  The Pohlad Companies operate in financial services/banking; commercial real estate; automotive sales; sports and entertainment, including the Minnesota Twins, a major League Baseball franchise; and investments in privately held companies.

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