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First Business Growth Funding Finances Multiple COVID-19 Vaccine Trials

MADISON, WIS. — OCT 8, 2020 – First Business Growth Funding, a division of First Business Capital Corp., announced today that it is financing multiple COVID-19 vaccine trials at various sites throughout the United States. The COVID-19 vaccine trials are in Stages II and III and involve thousands of subjects.

Bill Elliott, President of First Business Growth Funding, stated, “We are excited to be able to do our small part to help fight this disease. This type of financing does not fit the norms of traditional factoring, so we had to be creative in structuring a program that benefits our clients while also maintaining our credit integrity. We are very proud of the work that our clients are doing on the front lines.”

About First Business Growth Funding
First Business Growth Funding, the accounts receivable financing arm of First Business Financial Services, Inc., provides factoring solutions to service providers, importers, and manufacturers of all sizes throughout the United States with transactions ranging from $100,000 to $10 million.

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.

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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

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  1. Wisconsin Region: 608-232-5938
  2. Kansas Region: 913-717-6464

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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.