When First Community Financial has a Revolving Line of Credit with a borrower, we often provide Term Loans to meet some of the financing needs that do not fit under a traditional working capital relationship.
These financing requirements may include:
- Seasonal inventory needs
- Up front costs associated with a new job or order
- Purchase or refinance of equipment
- Purchase or refinance of real estate
Our Term Loans range from $25,000 to $1,000,000 with repayment terms tailored to meet a customer’s specific needs.
