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Marquette Business Credit Provides $5MM Facility to CRP

October 01, 2014, 05:42 AM

Marquette Business Credit, Inc. recently funded a $5,000,000 credit facility consisting of a working capital line of credit, equipment term loan and real estate term loan to Concrete Related Products, LLC

("CRP").  Headquartered in Cleburne, Texas, CRP is a fabricator of reinforcing steel and a supplier of couplers, welded wire mesh and concrete building products for construction projects.  CRP is a portfolio company of Lone Star Investment Advisors, a Dallas-based private equity firm which invests in middle-market companies located in low income communities in the state of Texas. 

On a national basis, to a wide variety of industries,  Marquette Business Credit provides secured lines of credit against Accounts Receivable, Inventory, Machinery and Equipment, Real Estate, along with Cash Flow supported Term Loans. 

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