FREE MEMBERSHIP Includes » ABL Advisor eNews + iData Blasts | JOIN NOW ABLAdvisor Gray ABLAdvisor Blue
Skip Navigation LinksHome / Press Releases / Read Press Release


Marquette Business Credit Announces $10MM Credit Line to DataSpan

May 01, 2015, 08:05 AM
Filed Under: Technology

Marquette Business Credit is pleased to announce it has funded a $10 million working capital line of credit to DataSpan Holdings, Inc.  Marquette's credit facility will provide DataSpan with a strong working capital solution to help facilitate future growth.  This transaction was originated by Andrew Burgess, a SVP at Marquette's Dallas office. 
DataSpan is a leading Value Added Reseller specializing in data life cycle management. The company has helped customers for more than 40 years with their data management, protection and storage needs. Trusted by 4000 enterprises worldwide and half of the Fortune 1000, DataSpan is uniquely qualified to assist customers to manage, store and protect their enterprise data; it has one of the broadest range of products and services in the industry for Data Centers. Bonefish Capital advised DataSpan on all financing aspects.

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, the firm provides secured lines of credit against accounts receivable, inventory, machinery and equipment, real estate, along with cash flow supported term loans. 

Week's News

Comments From Our Members

You must be an ABL Advisor member to post comments. Login or Join Now.