Stock up on inventory. Hire seasonal workers. Modernize equipment. Businesses have a wide variety of pressing financial needs. A Business Revolving Credit Line can help you meet them in a timely manner without running up enormous interest charges. At First Bank in MO, IL, and CA, we offer the added advantage of a streamlined paperwork process, with a single point of contact from application to close.
- Credit line sizes from $250,000 to $1 million
- One-year term
- Competitive, variable interest rate
- As you pay down your balance, you replenish your available credit
- Multiple collateral options
Common Loan Uses
- Finance receivables
- Seasonal working capital
- Trade discounts
- Short-term cash flow