Secured Research | Equipment Finance Originator | Monitor | Monitor Suite | Converge | STRIPES Leadership
No Result
View All Result
ABF Journal
Forward for Specialty Finance
SUBSCRIBE
Lender & Services Directory
  • News
    • People
    • Economy
    • All News
  • Deals
  • Magazine
    • Magazine Issues
    • Nominations
  • Features
    • ABF Journal Pulse
    • Resolving MCA Distress
    • Resolving Business Distress
  • Recruiting
    • Molloy Associates Senior Asset Based Lending Originator Location: Remote
  • Events
  • Advertise
  • Contact Us
  • News
    • People
    • Economy
    • All News
  • Deals
  • Magazine
    • Magazine Issues
    • Nominations
  • Features
    • ABF Journal Pulse
    • Resolving MCA Distress
    • Resolving Business Distress
  • Recruiting
    • Molloy Associates Senior Asset Based Lending Originator Location: Remote
  • Events
  • Advertise
  • Contact Us
No Result
View All Result
ABF Journal
No Result
View All Result
Home Deal Announcements

First Business Bank’s ABL Team Funds $5.1MM Credit Facility to Support Manufacturer Acquisition

First Business Bank expanded the client’s existing financing to cover the full scope of the deal — a working capital line of credit and a real estate loan totaling $5.1 million. The acquisition expanded the company’s product offerings and extended its geographic reach.

byBrianna Wilson
April 9, 2026
in Deal Announcements, News

First Business Bank’s asset-based lending team recently closed and funded a $5.1 million credit facility to support the acquisition of a New Jersey industrial packaging manufacturer.

First Business Bank expanded the client’s existing financing to cover the full scope of the deal — a working capital line of credit and a real estate loan totaling $5.1 million. The acquisition expanded the company’s product offerings and extended its geographic reach into new markets.

“This transaction gave our client the ability to expand their geographic footprint and add manufacturing capacity in a strategically important market,” Kevin McGraw, vice president – asset-based lending at First Business Specialty Finance, a subsidiary of First Business Bank, said. “We structured a facility that covered the real estate component of the acquisition and set them up to hit the ground running in their new market.”

Previous Post

NXT Capital Closes Senior Credit Facility in Support of CenterOak’s Acquisition of Grismer

Next Post

H.I.G. Capital Appoints Schwartz as CEO

Related Posts

Deal Announcements

CIT Northbridge Provides $60MM Facility to Certified Origins

October 2, 2026
Advanced Power Closes $100M Corporate Credit Facility
Deal Announcements

JPalmer Collective Provides $5MM Financing for Shakira-Founded isima

October 2, 2026
Deal Announcements

Santander Bank Closes $345MM Asset-Based Revolver for WTEC

October 2, 2026
Advanced Power Closes $100M Corporate Credit Facility
News

Oaktree Closes Inaugural Asset-Backed Finance Fund at $2B

October 2, 2026
News

Pemberton Appoints Courtman to Lead its CLO Platform

October 2, 2026
Deal Announcements

Crescent European Specialty Lending Provides Financing to Support Infravadis

October 2, 2026
Next Post
Wingspire Capital Provides Over $500MM in Corporate Finance Commitments in H1/25

H.I.G. Capital Appoints Schwartz as CEO

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

One Platform, One Vision: Inside Solifi’s Acquisition of Inovatec

One Platform, One Vision: Inside Solifi’s Acquisition of Inovatec

September 24, 2026

After Unitranche: How the Middle Market Capital Stack Is Being Pulled Apart from Inside

September 11, 2026

Why the Right Buyer Isn’t Always the Highest Bidder

September 11, 2026

TMA Leading Edge Series with Pauline Chow – Private Capital: Finding Value Where Others Don’t

September 20, 2026

About Us

For over 50 years, RAM Holdings’ brands have led the commercial finance industry in publishing, talent development, research and events. ABF Journal’s audience is comprised of as many as 18,000 specialty finance industry executives, private equity investors, investment bankers, advisors, service providers and more.

Our Brands

  • Secured Research
  • Equipment Finance Originator
  • Monitor
  • Monitor Suite
  • Converge
  • STRIPES Leadership

 

Learn More

  • Advertise
  • Magazine
  • Contact Us

Newsletter

Driving specialty finance forward for decades with insights, recognition and deals. Sign up now.

SUBSCRIBE >>

© 2025 RAM Group Holdings - A Leading Commercial Finance Publishing Group For Over 50 Years

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • News
    • People
    • Economy
    • All News
  • Deals
  • Features
    • ABF Journal Pulse
    • Resolving MCA Distress
    • Resolving Business Distress
  • Magazine
    • Magazine Issues
    • Nominations
  • Molloy Associates
    • Molloy Associates Senior Asset Based Lending Originator Location: Remote
  • Events
  • Advertise
  • Contact Us
Provider Directory >>

© 2025 RAM Group Holdings - A Leading Commercial Finance Publishing Group For Over 50 Years