
Small business owners have lost an average of $43,394 by foregoing a project or sales specifically due to issues created by insufficient cash flow.
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Learn MoreSmall business owners have lost an average of $43,394 by foregoing a project or sales specifically due to issues created by insufficient cash flow.
Intuit QuickBooks Study
Add our line of credit sweep feature that links your First Bank checking or money market and line of credit with automatic transfers to maximize your money. First Bank has several sweep options like:
Transfers from your First Bank line of credit to your checking when the account balance falls below a set target.
OR
Transfers from the checking when it exceeds a certain balance to pay down any outstanding principal on your First Bank line of credit.
Not only transfers from your First Bank line of credit into your checking when it drops below a certain level, but also transfers out of your checking when it exceeds a predetermined amount and uses it to pay down any outstanding principal on your line of credit.
Moves money between your First Bank line of credit, checking and money market accounts in a way that you customize for your business to manage your day-to-day cash.
At First Bank, it’s easy to put idle or excess money to work, borrow as needed to maintain a target balance, or both.
Partnering with businesses to make great things happen is the most significant way we give back to our communities. Meet the First Bank team helping businesses thrive in Carmi, Grayville and Mount Carmel in Illinois, and Evansville, Mount Vernon, Poseyville and Princeton in Indiana.
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