First Business Bank Funds $25 Million Asset-Based Credit Facility For Nut Processing Company Refinancing

MADISON, WI – June 3, 2026 – First Business Bank's Asset-Based Lending team announces the recent closing of a $25 million asset-based credit facility, consisting of a revolving line of credit and real estate term loan, to refinance an established nut processing company in California. The comprehensive financing solution supports the company’s ongoing working capital needs and enhances financial flexibility for continued operations.

"We're pleased to provide this comprehensive refinancing solution for a well-established California-based nut processor," said Steve Ogus, Senior Vice President – Asset-Based Lending at First Business Specialty Finance, LLC, a subsidiary of First Business Bank. "This facility supports the company’s seasonal working capital needs and provides the financial flexibility to support their continued growth."

First Business Bank's Asset-Based Lending team provides asset-based loans nationwide to businesses in transition with sales from $10,000,000 to $200,000,000+ 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. 

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.  Member FDIC