First Business Bank Funds $2 Million Factoring & Inventory Financing Facility For Texas IT Consulting Company
MADISON, WI – April 23, 2026 – First Business Bank announces that its Accounts Receivable Financing team recently funded a $2 million factoring facility for a Texas client that specializes in IT staffing and consulting.
The IT staffing and consulting sector represents a growing focus for First Business Bank's Accounts Receivable Financing team. “It took some time for us to develop this relationship and earn our client’s trust,” said Lana Fidelscaia, Vice President- Accounts Receivable Financing. “We developed a level of mutual respect that will serve us well as our relationship develops in the future.”
First Business Bank's Accounts Receivable Financing team finances a broad range of businesses, from start-ups to companies with revenues of over $150 million, providing funding in amounts of $100,000 to $20,000,000 to companies seeking to improve cash flow and take advantage of every business opportunity. The team specializes in providing flexible factoring solutions that adapt to unique business models and growth patterns.
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