Young or growing businesses need the resources to purchase a building, equipment or maintain a steady cash flow in order to stay competitive. First Independent’s flexible loans and lines of credit offer your business the financial resources to grow.
- Lines of Credit allow you to borrow only what your business needs, with the security of knowing funds are there when you need them. Borrow up to a set amount and pay it down repeatedly or pay interest only on the outstanding balance.
- Letters of Credit assure your vendors worldwide that payment will be received when conditions of the Letter are met.
- Term Loans are a great option when you know exactly what assets your company needs and for how long the expected asset lifespan.
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Commercial Real Estate Loans are competitive and flexible, allowing for interest only loans during development and construction that convert to term loans.