MADISON, WI – November 30, 2022 – First Business Bank first achieved Top 100 SBA Lender in the nation, based on fiscal year lending volume, in January 2022, and maintained the distinction through November 2022.
“Staying among the Top 100 SBA Lenders is a tribute to the strength of First Business Bank’s SBA Lending team,” said Marty Ferguson, Managing Director – SBA Lending. “Helping our clients as they prepare for and navigate an economic downturn is our highest priority, and I know our team is up to the challenge.”
In 2015, First Business Bank earned the significant SBA-designated Preferred Lending Partner (PLP) status, which grants the lender authority to process, close, service, and liquidate most SBA-guaranteed loans without prior review. “For borrowers, this means faster service with local, community-focused banks,” according to the U.S. Small Business Administration.
First Business Bank’s SBA Lending team provides efficient access for businesses to several SBA loan programs, including 7(a) loans, 504 loans, and the International Trade Loan program. The team specializes in businesses with less than $25 million in revenue and bring significant experience in franchise acquisition, Fed-Ex route funding, e-commerce-based businesses, professional services, healthcare delivery, self-storage, owner-occupied real estate purchases, and more.
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.