“The strength of First Business Bank’s SBA Lending team is formidable,” said Marty Ferguson, Managing Director of SBA Lending. “The entire team is very committed to doing what’s right for our SBA clients and it shows in our repeat loans and new clients. We’re excited to make an impact for all kinds of businesses this year through the SBA Lending program.”
In 2015, First Business Bank earned the significant SBA-designated Preferred Lending Partner (PLP) status, which grants the lender authority to process, close, service and liquidate most SBA-guaranteed loans without prior review. “For borrowers, this means faster service with local, community-focused banks,” according to the U.S. Small Business Administration.
First Business Bank’s SBA Lending team provides efficient access for businesses to several SBA loan programs, including 7(a) loans, 504 loans, and the International Trade Loan program. The team specializes in businesses with less than $25 million in revenue and bring significant experience in franchise acquisition, Fed-Ex route funding, e-commerce-based businesses, professional services, healthcare delivery, self-storage, owner-occupied real estate purchases, and more.
About First Business Bank
First Business Bank specializes in Business Banking, including Commercial Banking and Specialty Finance, Private Wealth, and Bank Consulting Services, and through its refined focus delivers unmatched expertise, accessibility, and responsiveness. Specialty Finance solutions are delivered through First Business Bank’s wholly owned subsidiary First Business Specialty Finance, LLC. First Business Bank is a wholly owned subsidiary of First Business Financial Services, Inc. (Nasdaq: FBIZ). For additional information, visit firstbusiness.bank. Member FDIC