Finance Company Loans

If you’re considering working with a finance company for a loan, you can find the money you need for your business at First Bank. Our network of lenders has helped thousands of small businesses over the years, whether just starting out or established in the community. 

How We Finance Company Loans

At First Bank, our experts begin with a thorough analysis of your business expenses and financial situation. This helps us determine the kind of loans you’ll need to finance your company.

After we understand your financial profile, our trusted network of lenders helps us provide the rates and terms that best fit your needs. The next step is to work with you to determine which option is best for you and to help facilitate the application process.

What First Bank Offers

Here’s a breakdown of the common loans small business owners can find at First Bank:

  • Long-Term Loans —A long-term loan is financing that is repaid over a more than one-year period. If you need to acquire assets for your business, this is the best option for you.
  • Short-Term Loans — Short-term loans serve as a quick infusion of cash and require rapid repayment.
  • Unsecured Loans — Unsecured loans do not require collateral. Approval for unsecured loans often depend on the borrower’s capital and credit score.
  • Secured Loans — Many lenders offer secured loans because they are low risk. The borrower is required to put up collateral in exchange for the financing.
  • SBA Loans — The Small Business Association (SBA) is a government agency that helps small businesses qualify for loans if they are unable to work with a traditional bank. If you’re just getting your business off the ground, a great option to consider is the SBA loan. Since 1935, First Bank SBA has financed thousands of small businesses.

Why First Bank?

First Bank works only with trust lenders who are industry experts in their fields. Find a First Bank branch near you and find the company loans you need.

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Sources:

SBA: sba.gov/contracting/getting-started-contractor/make-sure-you-meet-sba-size-standards/table-small-business-size-standards


Loans Subject To Approval