First Business Capital closed and funded two transactions totaling $17 million for companies located in Oregon and Utah.

First Business first closed and funded a $12 million revolving line of credit facility and real estate term loan for a home and bath storage products distributor in Oregon.

The company also closed and funded a $5 million revolving line of credit facility for a LED lighting products distributor in Utah.

First Business Capital is a bank-owned specialty lender providing asset-based loans to privately held businesses with sales from $10 million to over $100 million and financing requirements of up to $12 million. It provides funding to companies in transition to accomplish a turnaround, restructuring, acquisition, recapitalization or rapid growth. It is headed up by President Peter Lowney.

First Business Capital is a part of First Business Financial Services, a Wisconsin-based bank holding company focused on the unique needs of businesses, business executives, and high net worth individuals.