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First Business Capital Closes $7.5MM in Growth Capital for Ceiling Fan Distributor

September 17, 2019, 08:35 AM
Filed Under: Distribution

Peter Lowney, President of First Business Capital Corp., announced a recently closed and funded $7,500,000 revolving line of credit facility for a distributor of ceiling fans and lighting in Tennessee.

First Business Capital Corp. is a part of First Business Financial Services, Inc.

First Business Capital Corp. is a bank-owned specialty lender providing asset-based loans to privately held businesses with sales from $10,000,000 to $100,000,000+ and financing requirements of up to $12,000,000. First Business Capital Corp. provides funding to companies in transition to accomplish a turnaround, restructuring, acquisition, recapitalization, or rapid growth opportunity.

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