First Business Capital closed and funded $3.3 million for refinancing for Pel-Freez Arkansas, a foods and biologicals intermediates company.
First Business Capital closed and funded a $9 million turnaround financing for a specialty packaging company in California.
First Business Capital closed a $6.185 million credit facility encompassing a revolving line of credit and an equipment term loan for a specialty products manufacturer in the Pacific Northwest.
First Business Financial announced the appointment of Michael J. Murphy as chief accounting officer. Murphy was most recently a regional controller working with the banking group at BMO Harris.
Skyline and certain of its wholly owned subsidiaries entered into a loan and security agreement with First Business Capital, providing for a renewable three-year secured revolving credit facility.
First Business Capital announced it recently funded two transactions encompassing a $9.5 million revolver to an Ohio-based manufacturer of retail displays and a $5 million revolver to an Indiana-based distributor.