FREE MEMBERSHIP Includes » ABL Advisor eNews + iData Blasts | JOIN NOW ABLAdvisor Gray ABLAdvisor Blue
 
Skip Navigation LinksHome / News / Read News

Print

First Business Bank’s Asset-Based Lending Group Funds $10MM Credit Facility

September 17, 2021, 06:00 AM
Filed Under: Distribution

Michael Doyle, Vice President – Asset-Based Lending at First Business Specialty Finance, LLC, a subsidiary of First Business Bank, announces a recently closed and funded $10 million revolving line of credit facility for a distributor of building improvement and maintenance supplies in Arizona.

The Asset-Based Lending team provides asset-based loans to businesses in transition with sales from $10,000,000 to $100,000,000+ and financing requirements of up to $16,000,000. Our financing assists these companies with a turnaround, a restructuring, to accommodate an acquisition, or if experiencing rapid growth.







Comments From Our Members

You must be an ABL Advisor member to post comments. Login or Join Now.