Whether for inventory, purchasing, expansion – or any other need that may arise – all businesses occasionally require financing or credit. First Commonwealth offers a diverse array of financial products and services geared specifically to meet the individual needs of our business clients. Our banking representatives can help you identify which of these products and services will be best for you.
|Demand and Time Loans||
Need flexibility for a temporary cash outlay? Demand and Time loans can be a great financing solution. Demand and Time loans are easily restructured to meet your changing needs thus providing the flexibility demanded in today’s marketplace.
By utilizing the Total Solutions Financial Management approach, First Commonwealth will work with you to ensure that you choose the best product for your situation.
|Letters of Credit||
A Letter of Credit is a bank's guarantee for payment, up to a set amount. The Letter simply promises the seller that First Commonwealth will assume responsibility for a debt or sale.
|Equipment and Working Capital Loans||
At various points throughout the business cycle, every business occasionally requires term financing for equipment or working capital. Of course, one size does not fit all. That’s why First Commonwealth offers several different loan options, each tailored to meet specific situations.
|Lines of Credit||
For businesses with short-term working capital needs, First Commonwealth offers various Lines of Credit solutions. Credit Lines offer tremendous flexibility, which is a must for businesses with fluctuating financial needs.