First Business Bank Funds $1.5 Million Factoring Facility For Texas IT Consulting Company
MADISON, WI – October 23, 2025 – First Business Bank's Accounts Receivable Financing group announces the funding of a $1.5 million factoring facility for an IT consulting client in Texas.
"First Business Bank has a vast amount of experience helping IT consulting and staffing companies thrive in an ever-changing environment," said Lana Fidelscaia, Vice President - Accounts Receivable Financing at First Business Specialty Finance, LLC, a subsidiary of First Business Bank. "Our knowledgeable team of factoring professionals is poised to help companies like this turn their opportunities into tangible growth."
This transaction demonstrates First Business Bank's continued commitment to supporting technology sector businesses with flexible financing solutions that address their unique cash flow needs and growth objectives.
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