First Business Growth Funding Adds Frederick as VP/BDO

First Business Growth Funding, the accounts receivable financing arm of First Business Financial Services, hired Scott Frederick as vice president and business development officer.

Frederick has more than 25 years of experience in the financial industry. He has held various roles in the Midwest focused on both factoring and asset-based lending. Recently, he was a regional vice president and business development officer at a national commercial finance company where he was responsible for providing working capital solutions for businesses.

“Scott is an excellent addition to our team,” Bill Elliott, president of First Business Growth Funding, said. “He will add momentum to our significant growth achievements.”

First Business Growth Funding provides accounts receivable financing throughout the United States with transactions ranging from $100,000 to $10 million.