Daily News: January 12, 2018

First Business Capital Closes $3.3MM Pel-Freeze Refinancing


First Business Capital closed and funded $3.3 million for refinancing for Pel-Freez Arkansas, a foods and biologicals intermediates company. The facility includes a real estate term loan and a revolving line of credit.

First Business Capital is part of First Business Financial Services and provides asset-based loans and factoring services to privately held businesses with revenues of up to $75 million and financing requirements of up to $10 million.