First Business Bank Funds $7.5 Million Ledgered Line Facility For Massachusetts In-Store Auditing Company
MADISON, WI – September 15, 2026 – First Business Bank's Accounts Receivable Financing team announces the funding of a $7,500,000 ledgered line facility for a Massachusetts-based company that performs in-store product audits for major consumer brands. The facility provides working capital to support the company's continued growth.
"Our client chose us because we promised to move very quickly through our underwriting and documentation process," said Bill Elliott, President – Accounts Receivable Financing at First Business Specialty Finance, LLC, a subsidiary of First Business Bank. "We were able to obtain formal internal approval and issue documents to the client eight days after receiving a signed proposal."
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