First Business Bank

About / Team

Mike Colloton

Senior Vice President – Asset-Based Lending

  • First Business Specialty Finance, LLC
  • subsidiary of First Business Bank
  • Brookfield, WI
(262) 792-7180linkedin
Mike Colloton

About Mike

Mike Colloton is responsible for new business development within our Asset-Based Lending group, and is located at our Brookfield, Wisconsin office. He has 30+ years of Asset-Based Lending experience, which includes four years at Bank One Commercial Finance and seven years at Wells Fargo Business Credit. He helps negotiate, structure, and close loans for businesses looking for senior secured financing from $2,000,000 to $18,000,000+. Typically, these are manufacturers and distributors that currently do not fit traditional bank lending criteria due to performance and/or leverage.

Mike graduated from the University of Wisconsin-Milwaukee with honors and is a Certified Public Accountant-Inactive. He is a member of the Association for Corporate Growth and the Turnaround Management Association.

Put Your Deal On The List

Join your peers by adding your loan to the approved Asset-Based Lending deals list.

$8,000,000
Revolving Line of Credit
Equipment Term Loan
Equipment CapEx Loan
Healthy Snack Food Manufacturer
Wisconsin
$10,000,000
Revolving Line of Credit
Equipment Term Loan
Automotive Testing Services Company
Colorado
$12,000,000
Equipment Term Loan
Revolving Line of Credit
Equipment CapEx Loan
Oilfield Service Company
Texas
Wooden construction framing of a building

Case Study

Fast Asset-Based Lending To Acquire Manufacturing Business & Real Estate

A group of experienced manufacturing professionals saw a promising opportunity and moved quickly to acquire a roof truss and wall
forklift driving working in a warehouse

Case Study

How Equipment Financing Funded A Forklift in 48 Hours

Electronics distributor secures equipment financing in 48 hours for forklift without personal guarantees.
workers in a manufacturing factory

Video

The Wisconsin Manufacturing Report

The Wisconsin Manufacturing Report analyzes current state and future outlook for manufacturers.