First Business Capital announced that Travis Herbst has been hired as a collateral analyst. First Business Capital is a part of First Business Financial Services.

Herbst will be responsible for working daily with existing clients on loan advances, collateral reporting and other operational issues. He is a graduate of University of Wisconsin-Whitewater where he earned a Bachelor’s degree in Finance in 2012.

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.