Personal Loan
As part of its commitment to the development and growth of small and medium-sized businesses in Puerto Rico, FirstBank announced a new offering aimed at companies that have been in operation for 24 months or less. The offer1 allows eligible clients to open a BFirst or Business Plus Corp commercial account with an initial deposit of $50 and enjoy a $0 monthly service fee for the first 12 months from the time the account is opened, without having to maintain a minimum balance to avoid fees during that period.
The offer is part of FirstBank for Business, the financial institution’s comprehensive proposal designed to support companies by providing financial solutions, digital tools, and the advice they need to manage their operations and achieve their growth goals.
The BFirst and Business Plus Corp commercial accounts also offer access to a variety of digital services and tools tosupport business management, including alternatives to monitor accounts, conduct transactions, and manage finances securely and conveniently. Some services may require agreements, and may be subject to additional terms, conditions and charges.
“We know that a company’s first years represent a decisive stage for any entrepreneur. Our goal is to support those who are taking those first steps by providing them with tools and solutions that allow them to focus on developing and growing their business with the confidence of having a financial ally by their side,” said Lilian Díaz Bento, Executive Vice President of Business Banking and Transactional Banking at FirstBank.
Díaz Bento added that this initiative is a response to the financial institution’s continuous commitment to strengthen the local business ecosystem, while creating opportunities for more companies to establish solid foundations from the beginning of their operations.
“When we support entrepreneurs, we’re also supporting the economic development of our communities. That’s why at FirstBank, we continue to expand our value offerings for them to find the tools, support and financial solutions all in one place, enabling them to operate and grow,” added Díaz Bento.
The offer will be available for new account openings through December 31, 2026 for eligible businesses that have been in operation for 24 months or less.
For more information, interested parties may click here, visit any FirstBank branch, or call 787-725-2511.
Member FDIC. Business deposit accounts are subject to the terms and conditions of the Deposit Account Agreement and the applicable deposit account Disclosure of Fees, Terms and Rates provided at the account opening. 1The one-year $0 monthly service fee offer applies to new business clients whose companies have been operating for 24 months or less, and who open a new BFirst or Business Plus Corp account, on or before December 31, 2026. The duration of the company’s operation will be confirmed through the Merchant Registry or Documents of Incorporation, as applicable. A minimum deposit of $50 is required to open the account. There is no need to maintain a minimum balance for the first year after the account is opened. Transaction and inactive account fees will also not be charged for one year from the account opening. Other fees apply. After the promotional period of one (1) year from the date of the account opening, the monthly fees and minimum balance requirements established in the applicable account Disclosure of Fees, Terms and Rates will apply.
