First Business Capital Corp., a leading provider of asset-based lending solutions, announced two recently closed and funded asset-based lending deals.
Mike Colloton, Vice President – Business Development Officer, announced a closed and funded turnaround financing deal involving a $5,720,000 revolving line of credit facility and real estate term loan for a distributor of electric motors in Illinois.
Michael Doyle, Vice President – Business Development Officer, announced a closed and funded refinance deal involving a $6,080,000 revolving line of credit facility, equipment term loan, and real estate term loan for a manufacturer of coaxial cables in Mississippi.
First Business Capital Corp. is a part of First Business Financial Services, Inc.