First Business Bank Funds $1 Million Factoring Facility For Delaware Steel Truss Manufacturer
MADISON, WI – August 20, 2025 – First Business Bank’s Accounts Receivable Financing group announces the funding of a $1 million factoring facility for a Delaware-based manufacturer and wholesaler of steel trusses to support the company's growth.
"As everyone knows, the construction sector, particularly with respect to steel, has faced great uncertainty this year,” said Lana Fidelscaia, Vice President - Accounts Receivable Financing at First Business Specialty Finance, LLC, a subsidiary of First Business Bank. “Our new client is utilizing our factoring facility to help them address the uncertainty in the market."
The Accounts Receivable Financing team finances a broad range of businesses, from start-ups to companies with annual revenues of over $150 million
About First Business Bank
First Business Bank® specializes in Business Banking, including Commercial Banking and Specialty Finance, Private Wealth, and Bank Consulting services, and through its refined focus delivers unmatched expertise, accessibility, and responsiveness. Specialty Finance solutions are delivered through First Business Bank’s wholly owned subsidiary First Business Specialty Finance, LLC®. First Business Bank is a wholly owned subsidiary of First Business Financial Services, Inc®. (Nasdaq: FBIZ). For additional information, visit firstbusiness.bank.Member FDIC