TSL Express Daily News

The Secured Lender

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June 3, 2024

Source: UMB Capital Finance

UMB Capital Finance has announced the closing of a $22,500,000 senior credit facility for a Texas-based food processing business. The company was acquired in an all-equity transaction by a private investor group in late 2023. This credit facility enabled the company to return a portion of the initial equity investment to the shareholders, retaining sufficient capital to execute its growth and value creation strategies. 

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.