First Business Bank’s asset-based lending closed and funded $5 million credit facility, with the potential to expand to $24 million, to finance the growth of a healthcare services company in Wisconsin.
“We’re pleased to provide this growth financing solution for an innovative company in the healthcare services sector,” Mike Colloton, senior vice president, asset-based lending at First Business Specialty Finance, LLC, a subsidiary of First Business Bank, said. “This facility gives them the financial flexibility to continue expanding their operations and serving their growing client base.”
