First Business Bank

About / Team

Mike Colloton

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 that are looking for senior secured financing from $2,000,000 to $16,000,000+. 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. He is a member of the Association for Corporate Growth and the Turnaround Management Association.

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CEO Report - Second Quarter 2021

First Business Bank delivered strong financial performance in the second quarter of 2021 which was highlighted by above market loan