More rewards and better benefits
Originate business loans and lines of credit through our digital platform.
Our platform provides an innovative and secure system designed to fully manage your loan origination and closing process online. You will be able to fill out your application, submit documents, and check the status of your application at any time.
Once your loan is approved, you will be able to sign the closing documents securely, simplifying the process. We offer a wide range of products with competitive interest rates and terms to meet your financial needs.
Financing for inventory and equipment purchases, improvements, and working capital. Terms of up to 5 years with a fixed rate.
Linked to your commercial account to provide financing for working capital, up to $250,000. Renewable every 2 years, with a SBA guarantee up to 10 years.
Quick processing
Competitive interest rate
Automatic disbursements from commercial DDA account
Easy compliance with SBA requirements
Business tax returns for the last 2 years or financial statements prepared by a CPA1
Interim financial statements (if the latest statement is more than 6 months old)
Personal financial statement that is recent, as of the date of origination
Business background or plan
Corporate documents, as applicable, depending on the legal entity
General corporate resolution
Other documents may be requested, as required.
Projected income and expenses for 3 years (if the business has been established for less than 2 years)
Personal financial statements or SBA Form 413 Personal Financial Statement
Financing for inventory and equipment purchases, improvements, and working capital. Terms of up to 5 years with a fixed rate. Payments by direct debit from the commercial account.
Linked to your commercial account to provide financing for working capital up to $250,000 with renewals every 2 years.
Broad terms
Automatic disbursements from your commercial DDA account
If you have already completed your application, check its status here. For additional information, please call (787) 282-6384.
See here a list of types of businesses ineligible for SBA Express loans or lines of credit.
Businesses related to the cannabis industry
Non-profit organizations
Businesses involved in lending activities
Investment businesses in general
Life insurance companies (some exceptions may apply)
Passive businesses (commercial and residential property rentals in general)
Businesses that rent or lease land for telephone towers, billboards, solar panels and turbines (businesses that operate this equipment may be eligible)
Pyramid or multi-level marketing businesses
Businesses dedicated to gambling or illegal activities
Businesses geared towards a single sex (ex. women-only gyms)
Government entities or companies
Businesses promoting religious objectives or political parties
Businesses that are in conflict with the SBA (SBA Loan Packaging)
Businesses of a sexual nature or that sell sexual material
Businesses dedicated exclusively to the sale of alcohol
Businesses dedicated to agriculture
Access the instructional handbooks for details on how to apply.
If you have a PPP loan for $50,000 or less, the form to request an exemption from employee reduction penalties is available here.
FDIC Member. Subject to credit approval. Only for businesses in Puerto Rico. Certain terms, costs and conditions apply. The interest rate and APR are determined based on the credit score and other terms established by FirstBank. For lines of credit, interest rates may fluctuate according to the changes of the Prime Rate of the United States. In some cases, a general lien will be taken on the business assets. In applications under the SBA Express program, the parameters may vary as determined by the Federal Agency. For more information, please visit sba.gov. 1For loan requests greater than $500,000, business tax returns for the last 3 years or financial statements compiled by a CPA are required.
