First Business Bank Funds $1 Million Factoring Facility For Equipment Recovery Company
MADISON, WI – January 21, 2026 – First Business Bank’s Accounts Receivable Financing group announces the funding of a $1.0 million factoring facility for a client that performs collections and equipment recovery services for major cable and satellite TV companies. The facility provides essential working capital to support the company's specialized operations in the telecommunications recovery sector.
"First Business Bank is always looking to understand our clients' needs and then to respond to them with an attractive deal structure," said Kristen Palmer, Vice President - Accounts Receivable Financing at First Business Specialty Finance, LLC, a subsidiary of First Business Bank. "We are excited about participating in our client's future growth."
The equipment recovery industry serves a critical role in the telecommunications sector, helping companies reclaim valuable assets from discontinued services. This specialized niche requires financing partners who understand the unique operational cycles and payment structures inherent in recovery services.
First Business Bank's Accounts Receivable Financing team finances a broad range of businesses, from start-ups to companies with revenues of over $100 million. 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