First Business Bank’s Asset-Based Lending team announces a recently closed and funded $7,000,000 revolving line of credit to support an Illinois consumer products company restructuring in response to retail market disruption and global trade challenges.

"This transaction demonstrates our expertise in working with companies facing complex market transitions," said Mike Colloton, Senior Vice President - Asset-Based Lending at First Business Specialty Finance, LLC, a subsidiary of First Business Bank. "Our client is restructuring due to the evolving retail landscape, and we're pleased to provide the financial flexibility they need during this critical restructuring phase."

The seasonal nature of the consumer products business requires flexible financing that can accommodate fluctuating working capital needs throughout the year. The revolving line of credit provides the company with the resources to manage inventory cycles and capitalize on peak selling seasons while executing their restructuring strategy amid ongoing industry challenges.