First Business Bank’s asset-based lending team closed and funded $7 million credit facility to refinance existing debt and provide working capital for an established food distributor in Hawaii.
“We’re pleased to provide this comprehensive refinancing solution for a well-established Hawaiian food distributor,” Steve Ogus, senior vice president – asset-based lending at First Business Specialty Finance, a subsidiary of First Business Bank, said. “This facility allows the company to access the personalized service and financial flexibility needed to support their continued growth in food distribution.”
