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

Print

First Business Bank’s Asset-Based Lending Group Closes $13MM Credit Facility

July 21, 2021, 08:00 AM
Filed Under: Manufacturing


First Business Specialty Finance, LLC, a subsidiary of First Business Bank, recently closed and funded a $13 million revolving line of credit facility and real estate term loan for a plastic injection products manufacturer in Wisconsin.

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. The financing assists these companies with a turnaround, restructuring, acquisition, recapitalization, or rapid growth opportunity.






Week's News



Comments From Our Members

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