First Business Bank Funds $2 Million Factoring Facility for Virginia IT Consulting Company

MADISON, WI – February 19, 2026 – First Business Bank's Accounts Receivable Financing group announces the funding of a $2.0 million factoring facility for a client in Virginia that performs IT consulting services for large customers. 

"First Business Bank continues to expand in the IT consulting sector," said Kristen Palmer, Vice President - Accounts Receivable Financing at First Business Specialty Finance, LLC, a subsidiary of First Business Bank. "We are very comfortable with our clients in this space and we look forward to continuing to expand our footprint."

The factoring facility provides immediate cash flow improvement for the IT consulting company, allowing them to accelerate growth and take advantage of new opportunities while their receivables convert to cash. 

First Business Bank's Accounts Receivable Financing team finances a broad range of businesses, from start-ups to companies with revenues of over $100 million. 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