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First Business funds $10M floorplan facility for Florida dealership

The lender is focused on ‘elite independent dealers’

Riley Wolfbauer

First Business Specialty Finance, a subsidiary of First Business Bank, has extended a $10 million floorplan line of credit to independent used-car dealer Auto Boutique Florida.  First Business Specialty Finance, established in January 2020, funds floorplan lines of credit ranging from $500,000 to $20 million for independent car dealerships across the U.S., Managing Director of […]

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