Marquette Transportation Finance Renewed as ATA Featured Product Provider
ARLINGTON, Va., March 16, 2018 /PRNewswire-USNewswire/ — American Trucking Associations announced today that Marquette Transportation Finance, an industry leader in providing working capital financing to trucking companies, is a Featured Product provider for the third year in a row.
“While ATA works closely with Congress to find funding solutions to our nation’s infrastructure projects, trucking companies throughout the country are also looking at ways to finance the growth of their businesses,” said ATA President and CEO Chris Spear. “The trucking industry relies on companies like Marquette Transportation Finance to provide working capital for a wide range of initiatives, all aimed at making trucking companies more competitive, more efficient, and most importantly, safer.”
“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 third year in a row,” said Rich Voreis, 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.
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. 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 at facebook.com/UMBBank and LinkedIn at www.linkedin.com/company/umbbank.
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