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Letters of Credit

​​Gain more buying power.​​​​​

When it comes to running your business, the ability to purchase supplies and inventory is critical. That’s why we offer Letters of Credit to qualified businesses.


To apply, you’ll need to:


  • Request the application from one of our representatives at any of our branches

  • Provide signed copies of the business’ last three annual tax returns and financial statements

  • Provide a personal financial statement from each owner, validated within the last 90 days

  • Provide your current business plan, along with a listing of the collateral to be pledged for the loan

LEGAL USVI

Member FDIC for USVI and Puerto Rico only. Subject to credit approval. Additional charges may apply. FirstBank Virgin Islands is a division of FirstBank Puerto Rico.


LEGAL BVI

Subject to credit approval. Additional charges may apply. FirstBank British Virgin Islands is a division of FirstBank Puerto Rico.

LEGAL USVI

Member FDIC for USVI and Puerto Rico only. Subject to credit approval. Additional charges may apply. FirstBank Virgin Islands is a division of FirstBank Puerto Rico.


LEGAL BVI

Subject to credit approval. Additional charges may apply. FirstBank British Virgin Islands is a division of FirstBank Puerto Rico.​​