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First Business Capital Corp. Announces Closed Asset-Based Lending Deal for Turnaround
By First Business Capital Corp.
Peter Lowney, President of First Business Capital Corp., announced a recently closed and funded $4,100,000 revolving line of credit facility; equipment term loan; equipment CapX loan; and real estate term loan for a commercial door manufacturer in Oregon.
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, Inc. (Nasdaq: FBIZ) is a Wisconsin-based bank holding company, focused on the unique needs of businesses, business executives, and high net worth individuals. First Business offers business 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.
Member FDIC, First Business’s corporate headquarters are at 401 Charmany Drive in Madison, WI. For additional information, visit www.firstbusiness.com or call 608-238-8008.
