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First Business Capital Closes $4.99MM Asset-Based Lending Deal for Turnaround

December 17, 2020, 07:50 AM
Filed Under: Transaction Announcements

First Business Capital Corp. recently closed and funded asset-based lending deal.

Mike Colloton, Vice President – Business Development Officer, announced a closed and funded turnaround financing deal involving a $4,990,000 revolving line of credit facility, a real estate term loan, and an equipment term loan for a plastic injection molding business in Michigan.





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