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Home Deal Announcements

First Business Closes $8.4MM in Financing for Restaurant Equipment Manufacturer

byPhil Neuffer
February 26, 2021
in Deal Announcements

First Business Specialty Finance, a subsidiary of First Business Bank, funded an $8.4 million revolving line of credit facility, real estate term loan and equipment term loan for an Ohio-based manufacturer and distributor of restaurant equipment.

The First Business ABL team provides asset-based loans to businesses in transition with sales from $10 million to more than $100 million and financing requirements of up to $16 million. 

First Business Bank specializes in business banking, including commercial banking and specialty finance, private wealth and bank consulting services.

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Empty medical cabinet featuring modern equipment and vitamins, ready for the next patient examination. Space used to provide advanced diagnostics, healthcare services check up management.

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