First Business


Our Products & Services

First Business Factors can help get your company's cash flow going by converting your accounts receivable into cash within 24 hours (after initial approval). First Business Factors is a part of First Business Financial Services, Inc. (Nasdaq: FBIZ), a billion dollars plus diversified financial services business.

First Business Factors is committed to helping you with your financial needs. Our Senior V.P. / Division Manager Gail Heldke, is a 30 year factoring veteran who leads a team of seasoned professionals with 50 years combined factoring experience. Whether you're starting up, a company seeking growth and needing extra cash, or a business currently experiencing financial difficulties, we make your business our first priority. By providing superior customer service, we make the underwriting process smooth by offering a quick response, shorter contracts, competitive pricing and the ability to move your account to an ABL or Bank Line as you grow. All Businesses face financial challenges; First Business Factors can help by providing you a fast and safe way to move your business forward to a more successful future.

With First Business Factors you get the cash you need and the peace of mind knowing that you’re working with experts. As a division of First Business Financial Services (Nasdaq: FBIZ), a billion-dollar-plus financial services company, we’re structured to offer an attractive rate. And because we’re part of a regulated banking institution, you can have confidence in our terms and our service. We’re also positioned to help you with asset-based lending or traditional bank financing further down the road. 

Typical Client Profile

Manufacturers, Distributors, Wholesalers, Transportation, Temporary Staffing & Business Service Companies with:
• Annual Sales of $500,000+
• U.S. Based Business
• Business-to-Business Accounts Receivables

Business Scenarios

• Rapid Growth/Expansion
• Turnaround Financing
• Acquisition Opportunity
• Debtor-in-Possession & Exit Financing
• Debt Restructurings
• Management Buyout
• Current Lending Relationship Fatigued/Distressed
• Seasonal Sales Surges
• Start-up Business
• New Product/Service
• High Leverage

Factoring Facilities

• Pricing - Competitive Rates
• Advance Rate on Accounts Receivable - up to 85%
• Term of Commitment - 1 to 2 years

Benefits to Factoring


• Provides Immediate Cash Flow
• Credit Management Services
• Collection & Accounting Services
• Off-Balance Sheet Financing
• Quick & Efficient Underwriting/Approval/Closing


Have a Question?

Let us put you in touch with the appropriate representative to help you with your business needs.

CONTACT US
See also...

Accounting changes are coming...


Our approach allows us to act as an advocate for our clients helping them exceed their goals.

Learn more