Daily News: January 17, 2012

Marquette Financial Companies Consolidates Business Units

Marquette Financial Companies, a diversified financial services company, announced the consolidation of two business units. The operations of Marquette Commercial Finance (MCF) will be merged into sister company Marquette Transportation Finance (MTF).

Both companies provide accounts receivable financing to small- and mid-market businesses. MTF markets solely to the trucking industry while MCF provides financing to all other industries. Marquette Commercial Finance’s existing marketing staff will continue to market its services under its present name. MTF president Rich Voreis will lead both companies.

Voreis commented, “As a sister company, MCF’s operations have mirrored ours at MTF. We look forward to a seamless client service transition to our Bloomington office. MCF’s clients will continue to receive the industry leading customer service that has been a hallmark at MCF.”

MCF’s Dallas office will now be headquartered out of MTF’s Bloomington, MN home office.