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Marquette Business Credit, EBuys Close $17.5MM Credit Line

December 29, 2015, 07:55 AM
Filed Under: e-Commerce

Marquette Business Credit announced it has provided EBuys, Inc. (dba Shoe Metro) with a $17.5 million revolving line of credit to support its continued growth.  Founded in 2004, EBuys is a rapidly growing on-line discount retailer of brand name overstock and close-out shoes and accessories via its website,

David Duong, CEO of EBuys, Inc. said, "Marquette's flexible and resourceful financing structure gives our merchandising and sales teams the fuel needed to execute on Holiday and Q1 sales, our two busiest quarters. Your in depth understanding of our business model not only helps us employ more people, but also helps our customers realize the best value in footwear and accessories for the holidays.  We plan to continue our steady profitable growth and truly appreciate Marquette working with us. This relationship is off to a great start."

Marquette Business Credit provides asset-based loans up to $25 million to middle-market companies throughout the U.S.  The loans are made to a wide variety of industries and include secured lines of credit against accounts receivable, inventory, machinery and equipment, real estate, along with cash flow supported term loans. 

UMB Financial Corporation is a diversified financial holding company headquartered in Kansas City, Mo., offering complete banking services, payment solutions, asset servicing and institutional investment management to customers. UMB operates banking and wealth management centers throughout Missouri, Illinois, Colorado, Kansas, Oklahoma, Nebraska, Arizona and Texas, as well as two national specialtylending businesses.

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