Home

​Less paper, less cost, more cash flow.

​​​​​In every business there comes a time when extra financial resources may be needed. This discretionary revolving line is designed to provide licensed businesses in the USVI and BVI the ability to meet seasonal and short-term financing needs with ease and convenience.​


Your Line of Credit:

  • May be used as overdraft protection for your Commercial Checking Account

  • Offers a variable interest rate tied to the JP Morgan Chase Bank Prime Rate or other common indices

  • May be secured by cash or equivalents, real estate, inventory, accounts receivable or other business assets

  • Charges interest on the portion of the line that is actually used

  • Includes legal and filing fees that vary depending on the size of credit and collateral

  • Includes a commitment fee payable upon approval

To apply, you will need:

  • A completed application (available at the locations listed below)

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

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

  • Your current business plan (for new businesses), along with a listing of the collateral to be pledged for the loan

Applications can be obtained at:

  • St. Thomas: Waterfront Financial Center

  • St. John: Cruz Bay Branch

  • St. Croix: Orange Grove Financial Center

  • British Virgin Islands: Roadtown Financial Center

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.​​