Daily News: August 28, 2012

First Business Capital Closes Two Deals Totaling $13 Million

Chuck Batson, President and CEO, announced that First Business Capital Corp. funded two transactions totaling $13 million. The deals include:

  • a $8.5 million revolving line of credit and real estate term loan to a Colorado manufacturer of building products

  • a $4.5 million revolving line of credit, real estate and equipment term loan to an Indiana metal formed parts company.

    First Business Capital Corp. is a part of First Business Financial Services, Inc. First Business Capital is a source of asset-based lending for small- to mid-market companies with credit requirements of $1 million to $7 million and more.