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UMB Capital Finance Closes $33MM Credit Facility for Colorado-based Metals Manufacturer

July 03, 2024, 07:05 AM
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Topic: Manufacturing

UMB Capital Finance closed a $33,000,000 senior credit facility for a Colorado-based metal manufacturing business. This credit facility enabled the company to refinance its existing debt and to position itself for a major capital equipment project.

UMB Capital Finance is a specialty lending division of UMB Bank, providing situational capital to businesses whose leverage profile exceeds the appetite of traditional commercial banking. Most often, UMB Capital Finance clients experience excess financial leverage due to M&A, recapitalization, aggressive growth or performance volatility.

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