First Business Bank’s Asset-Based Lending Team Funds $7 Million Credit Facility For Illinois Consumer Products Company Restructure

MADISON, WI – September 2, 2025 – First Business Bank’s Asset-Based Lending team announces a recently closed and funded $7,000,000 revolving line of credit to support an Illinois consumer products company restructuring in response to retail market disruption and global trade challenges.

"This transaction demonstrates our expertise in working with companies facing complex market transitions," said Mike Colloton, Senior Vice President - Asset-Based Lending at First Business Specialty Finance, LLC, a subsidiary of First Business Bank. "Our client is restructuring due to the evolving retail landscape, and we're pleased to provide the financial flexibility they need during this critical restructuring phase."

The seasonal nature of the consumer products business requires flexible financing that can accommodate fluctuating working capital needs throughout the year. The revolving line of credit provides the company with the resources to manage inventory cycles and capitalize on peak selling seasons while executing their restructuring strategy amid ongoing industry challenges.

First Business Bank’s Asset-Based Lending team provides asset-based loans nationwide to businesses in transition with sales from $10,000,000 to $100,000,000+ and financing requirements of up to $25,000,000. Our financing assists these companies with lending solutions to accomplish turnarounds, restructurings, business acquisitions, assist with rapid growth, and more.

About First Business Bank
First Business Bank® specializes in Business Banking, including Commercial Banking and Specialty Finance, Private Wealth, and Bank Consulting services, and through its refined focus delivers unmatched expertise, accessibility, and responsiveness. Specialty Finance solutions are delivered through First Business Bank’s wholly owned subsidiary First Business Specialty Finance, LLC®. First Business Bank is a wholly owned subsidiary of First Business Financial Services, Inc®. (Nasdaq: FBIZ). For additional information, visit firstbusiness.bank.