At First National Bank we won’t keep you waiting long for an answer to your loan request. No need to wait a month for “loan committee” to meet and review your loan needs. We’re able to make decisions quickly and are committed to helping you as fast as we can.
Any loan request of $500,000 or less is guaranteed to have an answer within two (2) business days upon receiving your complete application. This way you can capitalize on lucrative opportunities that arise or avoid a disruption to your cash-flow. Any loans over $500,000 will get an answer within seven (7) business days.
What's Considered a Complete Application?
Good question. In order for us to get you an answer quickly, there are a few things that we’ll need. The following pieces of information about your business will all be part of the application process but may vary based on your particular loan needs. What follows is a good benchmark for what we'll need to consider your application complete:
- Completed application by all parties signing on the loan
- The most current financial statement
- Projected cashflow statement for the next 12 months
- Three years tax returns
- Current business plan