UMB Capital Finance Provides $2 Million Credit Facility to Data Analytics Firm and Software Value Added Reseller

UMB Bank, N.A., through its UMB Capital Finance Accounts Receivable Finance business channel, provided a $2 million credit facility to a Massachusetts-based data analytics service firm specializing as a software value added reseller. The facility will be utilized for working capital support needed for this quickly expanding business. 

About UMB Capital Finance: 

UMB Capital Finance has long been a major financing provider with a focus on transportation, manufacturing, distribution and service providers. We offer working capital solutions which combine the strength of our experienced team with a suite of financing solutions that include asset-based loans, accounts receivable financing and factoring, as well as mezzanine debt and minority equity interests.  We service a nationwide footprint with borrowing needs up to $30 million with clients and offices located throughout the United States.

About UMB:

UMB Financial Corporation (Nasdaq: UMBF) is a financial services company headquartered in Kansas City, Missouri. UMB offers commercial banking, which includes comprehensive deposit, lending and investment services, personal banking, which includes wealth management and financial planning services, and institutional banking, which includes asset servicing, corporate trust solutions, investment banking, and healthcare services. UMB operates branches throughout Missouri, Illinois, Colorado, Kansas, Oklahoma, Nebraska, Arizona and Texas, and serves business and institutional clients nationwide. For more information, visit UMB.com, UMB Blog, UMB Facebook and UMB LinkedIn, or follow us on Twitter at @UMBBank. For information about UMB’s operations, approach and relief measures during the COVID-19 pandemic, please visit umb.com/COVID-19.