Lending Services

Commercial Lending Types of Financing

First Bankers Trust Company has a various types of financing dependent upon your needs. One of our loan specialist will be happy to work with you to determine the best option for you.

Financing Options

Term Financing

Financing available for commercial purchases or to access working capital.

Can be used to provide businesses with convenient access to working capital or to support commercial purchases, which may benefit from amortization. Term loans are often used to fund the purchases of equipment or machinery.

Line of Credit

Borrow against your receivables to maintain cash flow.

A commercial line of credit can provide short term cash for businesses that experience seasonal or cyclical cash needs. It allows businesses to borrow against receivables to maintain cash flow typically used for inventory purchases as well as interim financing for construction projects. A variety of terms and rates are available. A First Bankers Trust Company lending officer will work with you to establish a credit line that meets your financial needs

Revolving Line of Credit

Borrow, repay, and borrow again to ease cash flow without reapplying.

A credit agreement that allows you to borrow, repay and borrow again, without reapplying. Often used to purchase inventory and fixed assets, carry account receivables, ease cash flow problems or finance a merger or acquisition.

Business Credit Cards

Experience the freedom of ample cash on hand and the security of a charge card.

Enjoy the simplicity of business expense reporting. Experience the freedom of ample cash on hand and the security of a charge card. Too often, tracking your finances takes you away from the real work of your business. With services and benefits tailored for small business owners, First Bankers Trust Company's Visa card gives you the tools you need to manage expenses effectively, so you can take care of the paperwork, and get back to doing what you do best.

Government Assisted Loans

These programs can provide special rates and terms for new start-ups or expansions.

First Bankers Trust Company can provide you with long-term, guaranteed funding on terms you may not be able to find elsewhere through various local, state, and federal government agencies. Sometimes these programs provide special rates and terms for new start-ups or expansions. See your First Bankers Trust lending officer for more details.

Letter of Credit

Your business may be able to substitute First Bankers Trust Company's credit standing for your own.

First Bankers Trust Company performs Letters of Credit services for its business customers. Letters of Credit are an arrangement that allows your business to substitute First Bankers Trust Company's credit standing for your own. Letters of Credit are used when a business customer or potential customer requires an assurance of worthiness prior to engaging in business. Essentially, a Letter of Credit is an un-advanced line of credit confirmed by the bank.

Small Business Lending Program

First Bankers Trust has resources available for new and existing small businesses and farm owners to help you grow and expand your business. If you have yearly revenues under $50 million you may qualify for this program. Contact one of our loan officers today – the process is quick and easy. This program is for a limited time only.