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First Business Specialty Finance, a subsidiary of First Business Bank, is funding a $5.5 million floorplan line of credit with an independent South Carolina-based dealership. The dealership, which was not disclosed, established a connection with the lender through a client referral, Jeff Widholm, managing director of floorplan financing at First Business, told Auto Finance News,
Illinois store taps First Business Bank for $6M in floorplan financing Monday, May. 24, 2021, 10:35 AM By Auto Remarketing Staff INDIANAPOLIS - While not divulging the specific operator, First Business Bank on Monday announced the closing of a $6 million inventory floorplan line of credit for an independent dealer through its floorplan financing group. However, along with acknowledging the store is in Illinois Jeff Widholm, managing director of floorplan financing at First Business Specialty Finance, a subsidiary of First Business Bank, did say in a pres...