Daily News: April 16, 2013

First Business Capital Announces Funded Deals

Chuck Batson, president and CEO, announced that First Business Capital recently funded the following deals:

  • a $2.4 million revolving line of credit and real estate term loan to a New Jersey wholesaler of steel coils and sheets; and

  • a $4 million revolving line of credit to an Indiana distributer of office equipment.

    First Business Capital, a part of First Business Financial Services, is a source of asset-based lending for small- to mid-market companies.