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Apply Online in Less Than 10 Minutes

Firstline of Credit

Get a business line of credit quickly and easily. 

 

  • Apply online in less than 10 minutes
  • Credit decision typically in 1-2 business days
  • If approved, fast access to your line of credit
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Interest Rate Offers

Rates as low as
Prime +1%*

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Loan Amounts

$25,000
up to $150,000

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Qualifications

Minimum 2 years in business under existing ownership

*All lines of credit are subject to credit approval. Lines of credit are secured with business assets. Rates Annual Percentage Rate (APR), as low as Prime +1% and up to Prime +5%. Firstrust reserves the right to revise or rescind this offer at any time without notice. All loans and lines of credit are subject to credit approval and require automatic payment from a Firstrust business checking account.

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Firstline
Was Created For You

Built with your convenience in mind, you can expect a credit decision in as little as 1 - 2 business days and if approved, access to your line of credit in as little as a week.

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When to use a Business
Line of Credit

Business lines of credit are good for solving short-term
working capital needs, for example:

Purchasing inventory or small equipment
Repairing business-critical equipment
Bridging a seasonal cash flow gap
Emergency funds 

Minimum Qualification Requirements

Established business for 2 or more years

✓ Annual business revenue of at least $175,000

✓ Good personal and business credit history

✓ Location in Firstrust Bank footprint (PA, NJ, DE, MD)

 

Other Requirements

$500 loan origination fee

Firstrust Business Checking Account for disbursements and auto-payments

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What should I have ready to apply?

Legal Business Name
Business Tax ID
Annual Business Revenue as per your last Tax Return
Annual Net Profit
Business Owner Information
Easy Online Application

3-Step Process

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Complete the Online Application

Provide us with some basic information about your business.

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Upload Documents

Documents are reviewed by a Business Banker within 1-2 business days.

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Receive Funds

Upon approval, we will work with you to get quick access to your funds.

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Application symbol

Complete the Online Application

Provide us with some basic information about your business.

Approved document with check mark symbol

Upload Documents

Documents are reviewed by a Business Banker within 1-2 business days.

Hand with dollar sign and two arrows circling symbol

Receive Funds

Upon approval, we will work with you to get quick access to your funds.

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Track Your Loan
Start-to-Finish

One of the many benefits of the FirstLine application process is watching the progress of your business line of credit request using any device, from beginning to end

Firstline

Frequently Asked Questions

You can contact Firstrust at 888-912-2317, Monday – Friday from 8:00 am – 5:00 pm. Or reach us by email at firstline@firstrust.com.

The minimum line of credit amount is $25,000 up to a maximum of $150,000. If you need more than $150,000, please contact us at 800-220-BANK.

If your FirstLine is approved and closed there is a $500 loan origination fee, which will cover the costs to expeditiously review, underwrite, decision, process and fund the line of credit request.

Among other factors, a business must be in ownership for at least two years; show annual business revenue greater than $175,000; have strong personal and business credit histories; and demonstrate the ability to repay the debt incurred.

Firstrust requires the first lien on all business assets for the FirstLine business line of credit.

Factors determining the interest rate on a line of credit include, among others, industry, credit history, years the owner has owned the business, amount borrowed, and net income.

Testimonials

What Our Customers Say

Focusing on our customer's needs is not part of what we do-it is what we do. Over the years, we have been privileged to be able to help thousands of businesses write their own success stories.

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