ARLINGTON, Va., Feb. 24, 2017 /PRNewswire-USNewswire/ -- Today,
American Trucking Associations announced Marquette Transportation
Finance, an industry leader in providing working capital financing
to trucking companies, is a Featured Product provider for the
second year in a row.
"Businesses have to invest in themselves in order to grow, but
oftentimes gaining access to capital can be a challenge when
looking to expand operations," said ATA President and CEO
Chris Spear. "The Marquette
Transportation Finance team works alongside trucking companies to
best meet their needs in a competitive transportation sector."
"We are excited to again participate in ATA's Featured Product
Program. We are pleased to be part of this select group of
companies dedicated to providing exceptional products and services
in the trucking industry for the second year in a row," said
Rich Voreis, president and CEO of
Marquette Transportation Finance.
Marquette Transportation Finance provides working capital loans
up to $35 million to small and middle
market trucking companies throughout the U.S. The loans are secured
by accounts receivable and are generally structured with a
borrowing based component allowing trucking companies to borrow
only when required by their cash flow.
Marquette Transportation Finance is an industry leader in
providing flexible and responsive working capital financing to
trucking companies. As an alternative source to traditional bank
financing, Marquette assists businesses in meeting their working
capital needs to drive growth, fund acquisitions, improve liquidity
and fund restructures. Marquette routinely serves as a bridge
lender until a trucking company is able to seek out traditional
bank financing.
To learn more about Marquette Transportation Finance's services
and products, visit www.marquette.com/transportation or call
952-703-7474.
A complete list of ATA Featured Product companies is available
at www.atabusinesssolutions.com or by
calling 866-821-3468.
Marquette Transportation Finance, a subsidiary of UMB
Bank, n.a., located in Bloomington,
Minn., is a leading provider of accounts receivable
financing solutions for the trucking industry, serving companies
with annual revenue from $2 million to $400
million. Marquette assists trucking companies in meeting
their working capital needs to drive growth, fund acquisitions,
improve liquidity and fund restructures. UMB Bank, n.a., is a
subsidiary of UMB Financial Corporation (Nasdaq:
UMBF) a diversified financial holding company headquartered
in Kansas City, Mo. For more
information, visit marquette.com/transportation, umb.com,
umbfinancial.com, blog.umb.com or follow us on Twitter at @UMBBank,
Facebook and LinkedIn.
American Trucking Associations is the largest
national trade association for the trucking industry. Through a
federation of 50 affiliated state trucking associations and
industry-related conferences and councils, ATA is the voice of the
industry America depends on most to move our nation's freight.
Follow ATA on Twitter or
on Facebook. Trucking Moves America
Forward.
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SOURCE American Trucking Associations