First Business Bank's Accounts Receivable Financing Team Funds $500,000 Factoring Facility for Texas Agriculture Company
MADISON, WI – August 4, 2026 – First Business Bank's Accounts Receivable Financing team announces the recent funding of a $500,000 factoring facility for a Texas-based agriculture and horticulture company.
The company produces and wholesales environmentally friendly mulch additives and bio fertilizers serving agricultural and horticultural customers across the country. The factoring facility improves cash flow by accelerating access to funds tied up in receivables, allowing the company to maintain operational flexibility as demand for its products continues to grow.
“We are excited to welcome this new client and expand into the environmental space,” said Kristen Palmer, Vice President – Business Development at First Business Specialty Finance, LLC, a subsidiary of First Business Bank. “It’s rewarding to support companies making an impact in this area.”
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