UMB Capital Finance Strengthens Business Development Team with New Hire Doug Motl
By UMB Capital Finance
Doug Motl joins UMB Capital Finance as Senior Vice President, Director of Originations to manage its rapidly expanding business development department initiatives. Doug will be responsible for leading the Asset Based Lending’s originations team as UMB continues to broaden its marketing efforts nationally across the Company’s platform.
Doug’s financial career began in public accounting with Arthur Andersen. Since then, he has amassed over 27 years of knowledge and experience in asset based lending and commercial finance. Prior to joining UMB, Doug served as National Head of Originations for Sterling National Bank in Dallas, Texas. His notable professional history also includes working at companies such as Fifth Third Bank, Bank of America and Comerica Bank. Doug is a graduate of Southern Methodist University where he earned a bachelor’s degree in accounting.
Between Doug’s broad knowledge of the industry, energetic approach to management and the experience of the entire new business team, UMB Capital Finance will now be able to offer new and more customized financing solutions to fit all your business capital needs.
UMB Capital Finance combines the strength of our experienced team with a suite of financing solutions that range from asset based loans to accounts receivable purchases and invoice financing and from mezzanine debt to minority equity investments. For our ABL solution, we typically serve middle market companies with annual revenues from $10 million to $300 million. We provide asset based financing up to $50 million via lines of credit secured by accounts receivable and inventory, and term loans supported by equipment, real estate and cash-flow.
UMB Financial Corporation (Nasdaq: UMBF) is a diversified financial holding company headquartered in Kansas City, Mo., offering complete banking services, payment solutions, asset servicing and institutional investment management to customers. UMB operates banking and wealth management centers throughout Missouri, Illinois, Colorado, Kansas, Oklahoma, Nebraska, Arizona and Texas, as well as two national specialty-lending businesses. Subsidiaries of the holding company include companies that offer services to mutual funds and alternative-investment entities and registered investment advisors that offer equity and fixed income strategies to institutions and individual investors. For more information, visit umb.com, umbfinancial.com, blog.umb.com or follow us on Twitter at @UMBBank, Facebook at facebook.com/UMBBank and LinkedIn at linkedin.com/company/umb-bank.