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Business Reserve Line of Credit

Protect your business from the unexpected.

We understand that as a business owner, your income and financial needs can change on a daily basis. That’s why we created Business Reserve, to help you improve cash flow by making funds available for your business to use as the occasion arises. This unsecured line of credit is linked directly to your First American Bank business checking account and funds are automatically advanced (up to your available credit limit) whenever you need them. Be prepared for the unexpected.

Business Reserve Line of Credit

  • Qualified businesses that have been in business at least 2 years are eligible for lines of $1,000 - $5,000
  • Funds will be added to your First American Bank business checking account in increments of $500
  • Minimum payment automatically deducted from your business checking account
  • Variable interest rate of WSJ Prime + 15%
  • Low $50 annual fee
  • No advance fees

Subject to credit approval. Not available for Money Service Businesses. A personal guaranty is required. Minimum payment of 5% of the principal balance owing as of the statement date, or $100, whichever is greater. Late charge 5% of the payment or $25, whichever is greater.

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