Business Banking

Business Loans

First National Bank offers a wide variety of business loans to suit your needs.  Plus, we have the flexibility to customize a lending solution to meet your unique business situation or opportunity.  The following are just some of the business lending services we offer.

Permanent Working Capital Loans

These loans are primarily for non-seasonal inventory financing or for financing receivables.

Bridge Loans

Our Bridge Loans are designed to help you bridge the gap between production and sales.

Term Loans

Often used for the purchase of fixed assets, acquisition financing, or repayment of other loans, we offer flexible timing and terms to suit your business.

Letters of Credit

A First National Bank letter of credit allows your business to leverage the bank’s credit for foreign or domestic purchases or other commitments.

Lines of Credit

Your business line of credit gives you the flexibility to draw needed funds when you need them – without having to apply for a loan each time.  We offer several variations of credit lines to suit your specific business needs.

Revolving Lines of Credit

First National Bank’s revolving lines of credit allow you to borrow funds, repay them, and borrow them again throughout the life of the credit line.  Plus, you pay interest only on the borrowed amount in use.

Non-Revolving Lines of Credit

Like the revolving line, you only pay interest on what you actually borrow.  But, repayments do not re-establish borrowing availability.

Working Capital Lines of Credit

Also known as “Accounts Receivable Financing” or “Inventory Financing”, these lines are often used by rapidly growing companies with a need for continuous credit availability.

Seasonal & Short-Term Lines of Credit

These credit lines help your business finance accounts receivables and inventory in preparation for peak season sales.

Specialized Lending Programs