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

Print

First Business Specialty Finance Closes $8MM in Credit Facilities for Snack Food Manufacturer

February 07, 2024, 07:00 AM

Mike Colloton, Vice President – Asset-Based Lending at First Business Specialty Finance, a subsidiary of First Business Bank, announced a recently closed and funded $8,000,000 revolving line of credit, equipment term loan, and equipment CapEx loan to a healthy snack food manufacturer in Wisconsin for restructuring.

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 $18,000,000.







Comments From Our Members

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