Marquette Business Credit Funds Capital for Midwest High Reach

Marquette Business Credit Funds Capital for Midwest High Reach

Marquette Business Credit provided a $5 million financing facility for rental fleet and a revolving line of credit to Midwest High Reach, an aerial equipment rental specialist based in Joliet, Ill., monitordaily.com reported.

The facility includes a $1 million revolving line of credit plus an equipment term loan and capital expenditure line, providing Midwest with working capital to finance fleet and growth opportunities.

Rob Snook, chief operating officer of Midwest High Reach said Marquette was responsive to the company’s capital needs. Marquette Business Credit provides asset-based loans up to $25 million to middle market companies.

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