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UMB Capital Finance Closes Two ABL Financings

bynadine
November 12, 2019
in News

UMB Capital Finance, through Marquette Business Credit, closed asset-based credit facilities for Midwest Quality Gloves and TJ Hale .

These long-term financing accommodations include a variety of customized products including revolving lines of credit, equipment term loans and cash-flow loans.

“UMB Capital Finance delivered on their proposal and took the time to understand our business. We look forward to the partnership and appreciate their understanding of our growth needs,” said Karen Nichols, executive vice president and chief operating officer of Midwest Quality Gloves.

Midwest Quality Gloves  manufactures  leather gloves and distributes work gloves, garden gloves, high performance gloves, raingear and garden accessories.

TJ Hale is a portfolio company of Gemini Investors and a manufacturer of retail fixtures and displays. TKO Miller, an independent, advisory-focused, middle-market investment bank, served as the exclusive debt advisors for the company.

UMB Financial is a diversified financial holding company headquartered in Kansas City, Mo.

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