First Business Provides $16MM Credit Facility to Musical Instrumental Retailer

First Business Specialty Finance, a subsidiary of First Business Bank, closed and funded a $16 million revolving line of credit facility for a musical instrument retailer in Minnesota.

First Business Specialty Finance’s asset-based lending team provides asset-based loans to businesses in transition with sales from $10 million to $100 million or more and financing requirements of up to $16 million.