First Business Bank Funds $2.5 Million Factoring Facility For Federal Government Contractor in Virginia

MADISON, WI – November 19, 2025 – First Business Bank’s Accounts Receivable Financing  group announces the funding of a $2.5 million factoring facility for a contractor in Virginia that serves the U.S. Federal Government and its prime contractors. The entrepreneurial company operates multiple product lines, creating dynamic growth opportunities that require flexible financing solutions.

"First Business Bank took the time to understand the client’s needs and to then structure an appropriate facility that will pave the way for future growth," said Kristen Palmer, Vice President - Accounts Receivable Financing at First Business Specialty Finance, LLC, a subsidiary of First Business Bank. "We always seek to understand our clients before offering solutions." 

First Business Bank's Accounts Receivable Financing team finances a broad range of businesses, from start-ups to companies with revenues of over $100 million. The team specializes in providing flexible factoring solutions that adapt to unique business models and growth patterns.  

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