BankFIRST provides financial lending and account services to small businesses and individual customers. With the customer base extending across Florida, it is revered as one of the premiere banking institutions in the state for innovative financial products, quality services and fulfilling social responsibility.
BankFIRST: Company Profile
Founded in 1989, BankFIRST is a state-chartered bank, with its headquarters in Florida. The bank holds assets worth $600 millions, as per the 2009 financial data. BankFIRST has ten branch offices across Florida, serving to its widespread customer base. The bank was established with the mission to serve small businesses in Central Florida. However, it has far outgrown the initial mission to include a range of financial products for the wholesome community’s financial needs.
BankFIRST: Small Business Services
BankFIRST offers the widest array of financial solutions to startups, growing or matured small businesses. SBA Express Loan Center provides small business access to government guaranteed loan programs available in Florida. For mature small businesses, the BankFIRST’s accounts receivable financing division offers traditional asset-based, real estate and construction, financial programs. For undercapitalized companies or startups, the bank offers working capital loans to achieve growth rate. Key features of BankFIRST small business services are:
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Free loan packaging
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Payment of the guarantee fee
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Loan terms up to 25 years with 90% real estate financing.
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Available lines of credit
Owing to its small business-intensive services, BankFIRST has been awarded the status of the SBA Preferred Lender.
BankFIRST: Personal Services
BankFIRST provides personal account and lending services to individual customers as well. Personal accounts services available with the bank are:
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Regular savings account
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Regular checking account
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Money market account
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Premium plus account
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Platinum plus account
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The All-American passbook savings account
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ATM-cum-Debit cards
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Online bill payment
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Telephone banking
Home equity lines of credit and mortgage lending services are also available for individual customers.
In its efforts to pay back to the society, BankFIRST has conceptualized Socially Responsible Banking Program. Under this program, the bank guarantees to invest depositors’ funds for community support. BankFIRST invest specifically in community development areas, such as affordable housing, environmental conservation, education and non-profit support.