Letters of Credit

We offer Letters of Credit to qualified businesses.

When it comes to running your business, the ability to purchase supplies and inventory is critical. That’s why we offer letters of credit to qualified businesses.

To apply, you’ll need to:

  • Request the application from one of our representatives at any of our branches

  • Provide signed copies of the business’s three most recent annual tax returns and financial statements

  • Provide a personal financial statement from each owner, validated within the last 90 days

  • Provide your current business plan, along with a listing of the collateral to be pledged for the loan

For additional information

 

LEGAL USVI

Member FDIC for USVI and Puerto Rico only. Subject to credit approval. Additional charges may apply. FirstBank Virgin Islands is a division of FirstBank Puerto Rico.

 

LEGAL BVI

Subject to credit approval. Additional charges may apply. FirstBank British Virgin Islands is a division of FirstBank Puerto Rico.

Thanks for your visit. We use cookies in order to provide a better experience.  Read our policy. 

You’re about to leave 1FirstBank.com and visit a third party website. This web page contains its own terms of use and privacy policies. FirstBank isn’t responsible for the products, content, security or information that may appear at this third party website you’re about to visit.


To continue, press the “Ok” button. If you do not wish to visit the website, close this window or press the “Cancel” button. Thank you!

Ok