Your business is ready to expand. And obtaining an acquisition or expansion loan can help you do just that. Whether you're looking to store more inventory, open a new location, launch a new product, or hire more staff, FirstBank can help you get there.
At FirstBank, we get to know your business to determine the right financing approach and don't require you to fit in a box. Click the button below to tell us about your business goals and we will be in touch within one business day.
Business Acquisition Loan
A Business Acquisition Loan typically is used to purchase an existing business and often combines a variety of collateral, such as inventory, equipment, working capital, or commercial real estate.
Business Expansion Loan
A Business Expansion Loan is often used to reinvest in your own company by opening another location, hiring more staff, or a variety of other reasons that you need funding to fuel growth.
We offer a variety of loan types for your business acquisition or expansion and we're happy to go into greater detail.
We look at a variety of both personal and business financial statements when underwriting a loan. The most common items we'll need are tax returns, cash flow statement, outstanding debts, personal credit score, and business credit score. You may be asked to provide more information not listed here.
Great! That's what we're here for - to help your business grow and become even more successful. We're happy to discuss if acquisition and expansion financing is a good fit or if you should go in another direction. Contact a loan officer today at 855-426-1500 or complete a quick form and we'll contact you at your convenience.