First Business Bank's Asset-Based Lending Team Funds $15 Million Revolving Line Of Credit For Washington Outdoor Products Manufacturer

MADISON, WI – August 13, 2026 – First Business Bank's Asset-Based Lending team announces a recently closed and funded $15,000,000 revolving line of credit to refinance the existing secured debt of a Washington-based manufacturer and distributor of outdoor products. The financing also provides working capital to support the company's seasonal business cycle and continued growth.

The client selected First Business Bank after the team quickly identified the primary drivers behind the company's recent performance challenges and structured a creative covenant package built around the seasonality inherent to the outdoor products industry.

"We're pleased to provide this refinancing solution for a well-established outdoor products manufacturer," 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.

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.  Member FDIC