First Business Bank's Asset-Based Lending team announced a recently closed and funded $7 million credit facility to refinance existing debt and provide working capital for an established food distributor in Hawaii.
"We're pleased to provide this comprehensive refinancing solution for a well-established Hawaiian food distributor," said Steve Ogus, Senior Vice President -- Asset-Based Lending at First Business Specialty Finance, LLC, a subsidiary of First Business Bank. "This facility allows the company to access the personalized service and financial flexibility needed to support their continued growth in food distribution."