Peter Lowney, President, announced First Business Capital Corp. recently closed and funded a $3.4 million credit facility including a revolving line of credit and equipment term loan for a private-equity-backed transportation and storage business in the Pacific Northwest.
First Business Capital is part of First Business Financial Services, Inc. First Business Capital is a bank-owned specialty lender providing asset-based loans and factoring services to privately held businesses with revenues of up to $75 million and financing requirements of up to $10 million.