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Marquette Business Credit Funds $7.5MM Facility to Logistics Provider

October 29, 2014, 07:01 AM
Filed Under: Logistics


Marquette Business Credit, Inc. is pleased to announce it recently funded a $7.4 million accounts receivable revolver and equipment term loan to a returns management and reverse logistics service provider.  Their services include logistics, repairs, returns management, remanufacturing, asset recovery, refurbishment, and analytics services.

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, to a wide variety of industries, Marquette provides secured lines of credit against accounts receivable, inventory, machinery and equipment, real estate, along with cashflow 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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