Peter Lowney, President, announced today that First Business Capital Corp. recently closed and funded a $3,400,000 credit facility including a revolving line of credit and equipment term loan for a private equity backed transportation and storage business in the Pacific Northwest.
About First Business Capital Corp.
First Business Capital Corp. is a bank-owned specialty lender providing asset-based loans and factoring services to privately held businesses with revenues of up to $75,000,000 and financing requirements of up to $10,000,000. 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 company retirement plans, commercial 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.