First Business Capital closed and funded a $9 million turnaround financing for a specialty packaging company in California.

First Business Capital is a bank-owned specialty lender based in Wisconsin that 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. First Business Capital provides funding to companies in transition to accomplish a turnaround, restructuring, acquisition, recapitalization or rapid growth opportunity.