Let's Talk

First Business Capital Corp. Announces Two Closed Asset-Based Lending Deals Totaling $11,800,000

MADISON, WI — July 22, 2020 First Business Capital Corp., a leading provider of asset-based lending solutions, announced two recently closed and funded asset-based lending deals.

Mike Colloton, Vice President – Business Development Officer, announced a closed and funded turnaround financing deal involving a $5,720,000 revolving line of credit facility and real estate term loan for a distributor of electric motors in Illinois.

Michael Doyle, Vice President – Business Development Officer, announced a closed and funded refinance deal involving a $6,080,000 revolving line of credit facility, equipment term loan, and real estate term loan for a manufacturer of coaxial cables in Mississippi.

First Business Capital Corp. is a part of First Business Financial Services, Inc. (Nasdaq: FBIZ).

About First Business Capital Corp.

First Business Capital Corp. is a bank-owned specialty lender providing asset-based loans to privately held businesses with sales from $10,000,000 to $100,000,000+ and financing requirements of up to $12,000,000. First Business Capital Corp. provides funding to companies in transition to accomplish a turnaround, restructuring, acquisition, recapitalization, or rapid growth opportunity.

About First Business
First Business Financial Services is a Wisconsin-based bank holding company, focused on the unique needs of businesses, business executives and high net worth individuals. First Business offers commercial banking, specialty finance and private wealth management solutions, and because of its niche focus, is able to provide its clients with unmatched expertise, accessibility and responsiveness. For additional information, visit www.firstbusiness.com.

NOTICE

Access to Online Private Banking is intermittently unavailable; users may not be able to access it at this time. We are working to restore access as soon as possible. If you have questions, please contact us at: 855-257-4149.

Contact Us ›

NOTICE

Access to Online Business Banking is intermittently unavailable; users may not be able to access it at this time. We are working to restore access as soon as possible. If you have questions, please contact us at:

• Wisconsin Region: 608-232-5938
• Kansas Region: 913-717-6464

NOTICE

We apologize for the inconvenience, but the courier portal is currently down.  If you would like to schedule a courier service, please call:

  1. (608) 232-5938 (Madison)
  2. (262) 792-1400 (Milwaukee)

NOTICE

To protect clients and employees, we temporarily suspended courier service. For other deposit needs, please see your client email sent on 3/16/2020 for instructions regarding deposits at your local First Business Bank office.

To set up Mobile Banking, please contact our Treasury Management Support team at 608-232-5938. We will alert you when courier service is available again. Thank you.