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Business Express

Quick & Easy Lending for Your Business

First Bank’s Business Express Solution is an innovative tool for your business’ working capital needs.  Business Express offers a quick and simple solution to increase your working capital or finance equipment for your business.

• Loans up to $500,000
• Available to most businesses with the exception of start-ups and dry-cleaning businesses. Not intended for real estate transactions or personal uses. Cash businesses and some contracting sectors are subject to reduced maximum loan amounts.
• Available for short term and long term funding needs

Getting the funding you need couldn't be easier!

Documentation Requirements

• Completed application
• Completed Personal Financial Statement
• Most recent business & personal tax returns (1 year)
• 2 months of most recent bank statements
• Business Formation documents
Benefits & Requirements

• Decision within 72 hours
• 3 year maturity for lines of credit
• Up to 5 years with full amortization for term loans
• Minimal documentation required
• Must initiate advances and pay downs using First Bank Online Banking
• Personal Guaranty required
•Primary deposit relationship with First Bank required

Need a little less? Here's Small Business Express.

Small Business Express is our loan solution for those who need some working capital, but not as much as the Business Express minimum.

• Loans from$20,000 to $100,000
• Available to most businesses with the exception of start-ups, non-profits, or real estate transactions.  


Documentation Requirements

• Completed application
• Completed Personal Financial Statement for each principal
• Most recent business & personal tax returns for each principal
• 2 months of most recent bank statements
• Business Formation documents
• Additional documentation may be required depending on the business structure
Benefits & Requirements

• This is an unsecured loan
• Decision within 2 business days
• 5-year term loan with a fixed interest rate
• Minimal documentation required
• No prepayment penalties
• Business must have minimum of 2 years of operations
• Personal Guaranty required from all owners with greater than 20% ownership
•Primary deposit relationship with First Bank required

For additional information and to apply for a Business Express or Small Business Express Loan, please contact one of our Business Express specialists:
Joseph Ball
VP/Regional Branch Manager
(267) 984-4537 or email
 
Denise Goetting 
FVP/Regional Branch Manager
(973) 895-5824 or email