Daily News: August 1, 2012

First Business Capital Completes Two Transactions


Chuck Batson, president and CEO, announced that First Business Capital Corp. recently funded two transactions totaling $10.5 million. The deals include:

  • a $5.5 million revolving line of credit to a Kentucky distributor of kitchen and bath products

  • a $5 million revolving line of credit to a Texas manufacturer of residential cabinetry.

    First Business Capital Corp., a part of First Business Financial Services, is a source of asset-based lending for small- to mid-market companies with credit requirements of $1 million to $7 million and more.