From taxes to amortization, businesses handle a lot of complex financial matters. But everything doesn't have to be that way. Consider First Bank's Simple Business Loan. We work with you to understand your business's specific needs. We then structure financing to work to your advantage and guide you through the process with a single point of contact from application to close.
- Borrow between $10,000 to $100,000.
- Choose from fixed-rate and variable-rate loans.
- Structure your repayment terms up to five years, with seven-year terms using the SBA Loan Program.
- Opt for multiple advances from your loan.
- Value and age of your collateral determine loan-to-value.
Common Loan Uses
- Permanent working capital
- New or used equipment
- Tenant improvements
- New or used business vehicles