Business snapshot: Some of First Business Bank’s recent deals

BankBeat magazine recognized First Business Bank CEO Corey Chambas as its 2026 Banker of the Year for his work in growing the Wisconsin-based bank over the past two decades. .Here is a snapshot of the bank’s recent deals:The Floorplan Financing group funded a $4 million inventory floorplan line of credit with an established independent automotive dealership in Tennessee. The dealer decided to move their floorplan financing from a 21-year relationship with a bank that could not accommodate the dealership’s growth trajectory and technology needs.The SBA Lending team closed a $1.5 million 7(a) loan to fund a franchise restaurant real estate acquisition in Oregon. The SBA 7(a) program allowed the bank to structure financing that turns monthly rent payments into equity while positioning the business for continued portfolio growth.The Accounts Receivable Financing group funded a $1.5 million factoring facility for an IT consulting client in Texas. First Business Bank has considerable experience helping IT consulting and staffing companies.The Floorplan Financing team funded a $1.2 million inventory floorplan line of credit with an established automotive dealership in Ohio. The dealer decided to return to First Business Bank after expanding to a much larger location.The SBA Lending team closed a $668,000 7(a) loan to fund business expansion and commercial real estate purchase for an established home designer and builder in Charlotte, N.C.The Asset-Based Lending team funded a $15 million revolving line of credit for the acquisition of a distributor of communications and payment systems through a corporate divestiture transaction. The acquired asset was a division of a Fortune 400 company.The Floorplan Financing group funded a $3 million inventory floorplan line of credit with an established independent auto dealership in Florida. The dealer decided to consolidate their banking relationships, leaving three incumbent lenders to work with a single financial partner capable of supporting its expanding operations.The Accounts Receivable Financing group funded a $1 million factoring facility for a Delaware-based manufacturer and wholesaler of steel trusses.