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First Business Capital Closes $6.1MM Credit Facility for Commercial Door Maker

Date: Aug 12, 2019 @ 08:00 AM
Filed Under: Manufacturing

Peter Lowney, President of First Business Capital Corp., announced a recently closed and funded $6.1 million credit facility including a revolving line of credit, equipment term loan and a real estate term loan for a commercial door manufacturer company located in Wisconsin.

First Business Capital is a part of First Business Financial Services, Inc. First Business Capital is a bank-owned specialty lender providing asset-based loans to privately held businesses with sales from $10 million to $100 million+ and financing requirements of up to $12 million. First Business Capital provides funding to companies in transition to accomplish a turnaround, restructuring, acquisition, recapitalization, or rapid growth opportunity.

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