First Business Bank

About / Team

Steve Bishop

President – Asset-Based Lending

  • First Business Specialty Finance, LLC, subsidiary of First Business Bank
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Steve Bishop

About Steve

Steve Bishop brings over 30 years of asset-based lending and commercial banking experience, along with exceptional leadership in middle market specialty finance to his role as President of Asset-Based Lending at First Business Specialty Finance, LLC, a subsidiary of First Business Bank. His proven track record includes managing large originations teams across multiple regions, overseeing portfolios exceeding $1.5 billion, and structuring complex credit facilities. Steve’s experience spans asset-based lending, commercial banking, private banking, and wealth management, with particular focus on manufacturing, distribution, and service industries. He excels at building high-performing teams that deliver innovative financial solutions. 

Steve holds an MBA in Finance from the University of Minnesota's Carlson School of Management and graduated with honors from Northwestern University with a Bachelor of Arts in German Language and Literature. 

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Case Study

Asset-Based Loan Funds Acquisition With Complex Real Estate

An experienced business buyer identified a strategic acquisition opportunity with a Pennsylvania-based liquid blending and packaging company.
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
person using a phone and laptop at the same time

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How to Use FedNow for Faster Payments

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