INDIANAPOLIS, IN – June 23, 2022 – First Business Bank announces the funding of a $3.5 million inventory floorplan line of credit for a North Carolina-based independent car dealership through First Business Bank’s Floorplan Financing group. 

“Our new client is doing great things in North Carolina and we are happy to play a part in helping them achieve their goals to grow their dealership,” said John Goodyear, Vice President – Floorplan Financing at First Business Specialty Finance, LLC, a subsidiary of First Business Bank. “We’re pleased that more independent car dealers are recognizing the value of working with a bank-owned floorplanning group that prioritizes fast, personal service and values long-standing relationships.” 

First Business Bank’s Floorplan Financing team offers independent car dealers the flexibility to finance their used car purchases, preserving cash flow and allowing them to buy preferred inventory. Floorplanning programs are available from $500,000 to $15 million for larger, well-established independent car dealers. This limited focus, a hallmark of First Business Bank’s business model, facilitates a smaller clientele than large competitors, empowering personalized concierge service.

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