First Business Bank's ABL Team Provides $5 Million Credit Facility for Healthcare Services Company
First Business Bank has provided a $5 million credit facility to support the growth of a Wisconsin-based healthcare services company, with the potential for the credit facility to expand to $24 million as the business continues to scale.
The financing was arranged by the bank’s Asset-Based Lending team through First Business Specialty Finance, LLC, a subsidiary of First Business Bank. The facility is designed to give the company additional working capital and flexibility as it expands its operations and increases its client base.