Available to Corporations, Limited Liability Companies, Partnerships, Sole Proprietorships/DBA & Non-profit Organizations for new purchases, refinancing, or development of new or existing businesses. First Bank is a MBA/MEDC (Michigan Bankers Association/Michigan Economic Development Corporation) Certified Lender.
- Commercial Construction/Real Estate – Amortization up to 20 years
- Commercial Vehicle/Equipment – Competitive rates and terms
- Working Capital Lines of Credit – Assists with inventory, daily operations, or periodic business purchases. Sweep accounts and Borrowing Bases also available.
- SBA Guaranteed (Small Business Administration) – Available for businesses that are new, in start-up mode, recently acquired or looking to expand
- Letters of Credit – Available for a variety of business uses and in some cases, replaces bonding