Madison, Wis.-based First Business Bank hired Lori McGowan as vice president of equipment finance of its subsidiary, First Business Specialty Finance.
McGowan has more than three decades of experience in equipment financing, sales management and vendor relations.
McGowan has a Bachelor of Science in business from Mount Mercy University, Cedar Rapids, Iowa.
“Her commitment to understanding and addressing our clients’ specific challenges makes her an invaluable asset to our team and a trusted advisor to our clients,” according to the bank. “Lori excels at helping equipment vendors increase their sales through strategic financing solutions. Her comprehensive background in collections, leasing management and regional account management enables our clients to optimize their equipment acquisition strategies, driving growth and efficiency in their businesses.”