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Home Deal Announcements

First Business Bank’s Asset-Based Lending Team Funds $15MM Credit Facility to Support Acquisition of Industrial Company

byBrianna Wilson
March 14, 2024
in Deal Announcements

First Business Specialty Finance, a wholly owned subsidiary of First Business Bank, recently closed and funded a $15 million revolving line of credit through its asset-based lending team. The facility funded the acquisition of a Michigan-based industrial distributor of manufacturing supplies and metalworking products.

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