Daily News: September 7, 2016

Marquette Provides $11.68MM Facility to Prime Window Systems

Marquette Business Credit provided an $11.684 million credit facility to Prime Window Systems, a window and door manufacturer based in Denver.

The secured facility consists of a $10 million revolving line of credit plus an additional $1.33 million equipment term loan and a $350,000 cash flow loan. This new facility will support the acquisition of the company by Morris Capital Group and provide additional capital to meet growth expectations.

“Marquette has been a responsive, straightforward and helpful partner for Prime Window Systems all the way from the initial proposal stage up to and including the eventual closing. We could not have closed this acquisition without their support and look forward to working with them on this and other businesses in the future,” said Tim Morris, partner at Morris Capital Management.