First Business Bank welcomed Steve Bishop as President – Asset-Based Lending to First Business Specialty Finance, a subsidiary of First Business Bank.
 
Bishop brings over 30 years of asset-based lending and commercial banking experience, along with exceptional leadership in middle market specialty finance to his role as President of Asset-Based Lending at First Business Specialty Finance, LLC, a subsidiary of First Business Bank. His proven track record includes managing large originations teams across multiple regions, overseeing portfolios exceeding $1.5 billion, and structuring complex credit facilities. Steve’s experience spans asset-based lending, commercial banking, private banking, and wealth management, with particular focus on manufacturing, distribution, and service industries. He excels at building high-performing teams that deliver innovative financial solutions.

Bishop holds an MBA in Finance from the University of Minnesota's Carlson School of Management and graduated with honors from Northwestern University with a Bachelor of Arts in German Language and Literature.

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 $24,000,000. Our financing assists these companies with lending solutions to accomplish turnarounds, restructurings, business acquisitions, assist with rapid growth, and more.