MADISON, WI – February 23, 2023 –  First Business Bank announces its Accounts Receivable Financing team recently funded a $5 million Accounts Receivable Factoring facility for a company that generates sales leads for other businesses. The client uses a combination of direct calling aided by artificial intelligence to maximize its output for its clients. 

“First Business Bank is very comfortable funding various types of IT-related transactions,” said Bill Elliott, President - Accounts Receivable Financing at First Business Specialty Finance, LLC, a subsidiary of First Business Bank. “Each of these transactions can be somewhat unique. We take time to understand exactly how the client’s business operates, identify the risks, and structure suitable mitigants.”

The Accounts Receivable Financing team provides funding in amounts of $100,000 to $18,000,000 to companies seeking to improve cash flow and take advantage of every business opportunity. 

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