Peter Lowney Elected as President of First Business Capital Corp.
MADISON, WI — MAY 29, 2018 – First Business Financial Services, Inc. (NASDAQ: FBIZ) today announces that Peter Lowney was elected as President of First Business Capital Corp. by the First Business Capital Corp. Board of Directors.
Pete, who celebrates 18 years with First Business in June, was promoted from Chief Operating Officer & Senior Vice President. He has more than 30 years of banking and asset-based lending experience, including 12 years in Asset-Based lending with Wells Fargo Business Credit, Inc. Pete is a graduate of the University of Wisconsin-Oshkosh.
About First Business Capital Corp.
First Business Capital Corp. is a bank-owned specialty lender providing asset-based loans and factoring services to privately held businesses with revenues of up to $75,000,000 and financing requirements of up to $10,000,000. 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.