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First Business Bank’s Asset-Based Lending Group Funds $10MM Credit Facility

July 28, 2022, 06:10 AM
Filed Under: infrastructure

Michael Doyle, Vice President II – Asset-Based Lending at First Business Specialty Finance, a subsidiary of First Business Bank, announces a recently closed and funded $10 million revolving line of credit, equipment term loan, and real estate term loan for an infrastructure and foundation repair company seeking to refinance.

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.

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