First Resource Bank provides commercial mortgage loans for both owner occupied and investment properties. We will design a loan, with your help, that fits the property’s cash flow and your goals as a property owner.
These loans will be for:
- Acquisition financing for properties
- Refinance of currently owned properties
- Expansion or renovation of a currently owned properties
- Acquisition and renovation financing for both portfolio and resale properties
- Land purchases including parcels that may be enhanced in value through the development process
First Resource Bank provides construction loans for both owner occupied and investment properties. These loans can include land purchases, soft costs and the structure’s construction costs.
For residential properties, the collateral can include multiple approved lots, a single approved lot or a parcel to be improved. Each loan will include the house construction costs.
For commercial use properties, these projects can include:
- Parcels that have completed the development process
- Expansion or renovation of currently owned properties
- Acquisition financing for properties which need renovation funding
- The financial security/escrow (tri-party agreements) for the improvements required by the townships or other government entities, including any Standby Letters of Credit
First Resource Bank provides lines of credit for various business purposes. These lines of credit will provide you with the ability to borrow and repay funds to support your periodic working capital needs.
First Resource Bank will tailor the terms and conditions to fit your business situation.
The line can be tied to your business checking account for an automatically transfer of funds to cover your checks, so long as there is available funds under the line.
Call or click today 610.363.9400 or [email protected]
Small business owners face unique challenges when it comes to securing funds for start-up, growth or expansion. As an approved Small Business Administration (SBA) lender we can help.
We are qualified to offer a variety of loan programs under the Small Business Administration (SBA). First Resource Bank can provide small businesses with:
- Loans for working capital
- Equipment
- Real estate acquisitions
- Anticipated start-up costs
Our goal is to work with you to match the repayment to your cash flow. We can provide a flexible advance schedule, a takedown period, for those situations in which the purchases have varied deliver dates.
First Resource Bank provides loans with principal repayment schedules for:
- Purchase of equipment
- Purchase of vehicles
- Purchase of a business
- Leasehold improvements
You can earn points and rewards on purchases like gas and lunches with clients. See the card application’s Important Disclosures for current terms, rates and fees. This card is issued by TCMBank, N.A. Subject to credit approval. First Resource Bank is not a servicer of TCM Bank Credit Cards.
Click here to apply online.
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If you’ve got questions, we’re here to help.
To apply for a First Resource Bank loan or for questions regarding our loan products, email loans [email protected] or call 610.363.9400.
For question related to your existing First Resource Bank loan contact [email protected] or call 610-827-6077.
