Daily News: April 16, 2013

Marquette Provides Revolver to Footprint Retail Services

Marquette Business Credit provided Footprint Retail Services with a $10 million revolving line of credit.

A Chicago Growth Partners portfolio company and located in Lisle, IL, Footprint provides installation, merchandising, logistics and related marketing services for major retailers and brand marketers. Principal services include the routing, warehousing, assembly and installation of displays and fixtures in national retail chains. Complementary services include merchandising as well as in-store intelligence services for its clients, including the validation of display and product placement.

“Marquette took the time to understand the unique aspects of our business and very quickly structured a financing solution tailored to those needs. Additionally, they were able to close the deal in a compressed time frame,” stated Jeff Farrero, principal at Chicago Growth Partners. Monroe Credit Advisors advised Footprint and Chicago Growth Partners on the various aspects of the financing.

Marquette Business Credit provides asset-based loans to middle-market U.S.-based companies with credit requirements from $1 million – $15 million. On a national basis, to a wide variety of industries, we provide secured lines of credit against accounts receivable, inventory, machinery and equipment, real estate, along with cash-flow supported term loans.