UMB Capital Finance Provides a $33,000,000 Credit Facility for a Metals Manufacturer in Colorado
July 1, 2024
Source: UMB Capital Finance
UMB Capital Finance has announced the closing of 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.
About UMB Capital Finance:
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.
UMB Financial Corporation (Nasdaq: UMBF), the parent of UMB Bank, is a Kansas City-based financial services company with over $45 billion in total assets.