Elevate Your Business with a Customized Business Loan

Sometimes, having cash on hand isn't enough to make unexpected purchases, seize new business opportunities, or manage everyday operations. Our business loans offer flexible rates, terms, and features tailored to meet the specific needs of your business. They also help you supplement receivables and maintain a healthy cash flow. 

At First Financial, we provide a comprehensive range of customized business loans and have the expertise to support your business needs. Use our Business Loan Payment Calculator to estimate your loan payments.

What We Offer:

  • Working Capital Loans

    Available to finance short-term credit needs, our working capital loans are offered on a revolving and non-revolving basis. 

  • Agriculture Loans

     Ag loans for livestock purchases, equipment, and farming operations are based on the purpose of the loan and the type of collateral.

  • Equipment Loans

    Tailored to match the economic life of assets such as machinery, commercial vehicles, or computer hardware & software.

  • Floor Plan Loans

    Most often used to finance high-value inventory, preserve capital, and maintain an attractive selection of inventory.

  • Commercial Real Estate Loans

    We offer competitive interim construction and permanent real estate loans for manufacturing, retail, warehouse, or office facilities.

  • Residential Construction Loans

    Designed for building single-family homes and typically cover up to 85% of the appraised market value or 90% of the builder's cost.

  • Letters of Credit

    Letters of credit are available if your business requires a bank guarantee of payment to suppliers, governmental agencies, or other creditors. 

  • Oil and Gas Loans (Reserve-Based Lending)

    If your organization is looking to explore, drill, or produce oil and gas, reserve-based lending may be just what you need.

Small Business Administration (SBA) Loans

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SBA 7(a) Loan Program

Good for:

  • Business Acquisitions (Franchise or non-franchise)
  • Equipment and Machinery Financing
  • Real estate
  • Debt Refinance and Working Capital
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SBA 504 Loan Program

Good for:

  • Real Estate
  • Equipment
  • Fixed rate on the SBA portion for the life of the loan
  • Longer terms are offered on the SBA portion

Preparing to Apply

Whether you’re an existing corporation looking to expand or an entrepreneur working with the Small Business Administration (SBA) to start something brand new, the business loan process involves paperwork. Lenders need to review specific documents to assess risk and before approving any organization for a loan. Gathering the following documents ahead of time will prepare you for the loan application process and save time in the long run.

  • Three years of financial statements, from the business of an existing entity or the principals of a new venture
  • Tax returns
  • Personal financial statements from each guarantor
  • Entity documents, business documents that show the company structure, etc.
  • An idea about what you’ll use as collateral, how much it’s worth and a proof of value
  • Accounts payable and receivable documents from the business*

 * when applying for a revolving line of credit