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Term Loans
Routing number: 221571473
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Personal Loan
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Term Loans
Created to help your business
Designed to assist you when you are seeking to finance equipment, make leasehold improvements, purchase a new business or expand an existing one.
Benefits
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Maturities from 3 to 15 years
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Variable interest rates or fixed to a maximum of 5 years
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Personal guarantee
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All loans are secured, either in the form of cash or equivalent, real estate, inventory, accounts receivable or other business assets
Ready to open your account? Review the help guide
Make sure you have the following documents available before starting the process.
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Business tax returns for the last 2 years or financial statements prepared by a CPA3
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Interim financial statements (if the latest statement is more than 6 months old)
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Personal financial statement that is recent, as of the date of origination
- Business background or plan
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Corporate documents, as applicable, depending on the legal entity
- Corporate resolution
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Other documents may be requested, as required
Additional requirements for loans under the SBA Express program
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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 Statements
Contact Us
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Small Business Banking for credit facilities up to $1 million
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Commercial Banking for credit facilities over $1 million
LEGAL USVI
Member FDIC for USVI and Puerto Rico only. All loans are subject to credit approval. Rates depend on collateral, amount, term of loan, and credit risk. For complete details of all credit account terms and any additional applicable fee, please refer to disclosures included in documents provided at account opening. FirstBank Virgin Islands is a division of FirstBank Puerto Rico.
LEGAL BVI
All loans are subject to credit approval. Rates depend on collateral, amount, term of loan, and credit risk. For complete details of all credit account terms and any additional applicable fee, please refer to disclosures included in documents provided at account opening. FirstBank Virgin Islands is a division of FirstBank Puerto Rico.