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Marquette Business Credit Funds $5MM Credit Line to Nouveau Eyewear

January 28, 2015, 07:17 AM
Filed Under: Consumer Products

Marquette Business Credit, Inc. recently funded a $5 million working capital line of credit to Nouveau Eyewear, Inc.  Based in Carrollton, TX, Nouveau designs and distributes optical frames for men, women and children.  Nouveau is a portfolio company of SunTx Capital Partners, a Dallas-based private equity firm that invests in growth-oriented middle-market manufacturing, distribution and service companies.  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 - $15 million.  On a national basis, to a wide variety of industries, Marquette provides secured lines of credit against accounts receivable, inventory, machinery and equipment, real estate, along with cash-flow supported term loans. 

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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