Bill Elliott was selected as president of First Business Factors.

Elliott has more than 35 years of experience in the commercial finance sector with a special focus on factoring and asset-based lending. He spent a considerable portion of his career with Heller Financial and The CIT Group/Commercial Services. He founded Rexford Funding, an independent factoring company focused on staffing, transportation, manufacturing, wholesale and other B2B services. After selling Rexford Funding, he engaged in several long-term consulting projects in mezzanine finance and factoring. Prior to joining First Business, Elliott served as national underwriting manager for Triumph Commercial Finance, an asset-based lender.

Elliott has been actively involved in the International Factoring Association and the Commercial Finance Association.

First Business Factors provides accounts receivable financing solutions to service providers, importers and manufacturers of all sizes throughout the U.S. with transactions ranging from $100,000 to $10 million.