First Business Bank Provides $1 Million Factoring Facility For Staffing Company Growth
MADISON, WI – July 16, 2026 – First Business Bank’s Accounts Receivable Financing team recently funded a $1 million factoring facility to support the growth of a staffing company serving the financial services industry. The company, a U.S. subsidiary of a United Kingdom-based parent organization, selected First Business Bank for its responsiveness and ability to quickly deliver a competitive financing solution.
The facility provides working capital to support the company’s continued expansion as it establishes and grows its presence in the United States while serving clients in the financial services sector.
“We are very excited to help our new client establish a foothold in the United States,” said Kristen Palmer, Vice President – Accounts Receivable Financing at First Business Specialty Finance, LLC, a subsidiary of First Business Bank. “We were able to respond very quickly to our client’s request and devise an appropriate solution."
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