First Business Bank Funds $1.5MM Factoring Facility

First Business Bank’s accounts receivable financing group funded a $1.5 million factoring facility for an IT consulting client in Texas.

“First Business Bank has a vast amount of experience helping IT consulting and staffing companies thrive in an ever-changing environment,” Lana Fidelscaia, vice president – accounts receivable financing at First Business Specialty Finance, a subsidiary of First Business Bank, said. “Our knowledgeable team of factoring professionals is poised to help companies like this turn their opportunities into tangible growth.”