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Marquette Business Credit Provides $6.5MM Facility to Augusta Coating

August 27, 2014, 07:39 AM
Filed Under: Manufacturing

Marquette Business Credit announced it recently provided Augusta Coating & Manufacturing credit facilities totaling $6.525 million.  The facility's combined structured includes a revolving line of credit, equipment term loan, real estate loan, and capital expenditure loan.  Located near Augusta, GA, ACM provides custom corrosion resistant coating systems utilized by golf transportation, automotive, agricultural, recreational, and maintenance vehicle manufacturers.

Marquette Business Credit provides asset-based loans to middle-market U.S. based companies with credit requirements from $2 million to $15 million.  On a national basis and to a wide variety of industries, Marquette Business Credit 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.

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