4 Tips for Navigating the Business Loan Application Process 59% of small businesses report not having enough capital to grow or sustain their business, according to the Federal Reserve Banks’ Small Business Credit Survey. Moreover, the knowledge gap about small business loans and financing has made it even harder to set your business up for success. While some sources may give new borrowers the… Read More
FirstBank Finances Affordable Workforce Condos in Glenwood Springs While several affordable housing projects are in development, demand continues to grow. Habitat for Humanity Roaring Fork Valley (RFV) is committed to stabilizing the local workforce and helping essential workers build wealth through homeownership. That’s why Habitat RFV is partnering with FirstBank to convert the L3 Apartment Complex in Glenwood Springs, CO, to several ownership… Read More
8 Financing Programs to Help Minority-Owned Businesses Grow Did you know that Black-owned businesses are least likely to receive funding? Comparatively, 40% of white-owned firms received all of the financing they sought, compared to 31% of Asian-owned firms, 20% of Hispanic-owned, and only 13% of Black-owned firms. Fortunately, many organizations and opportunities are working to fix this gap and elevate minority-owned businesses. Here… Read More
FirstBank Brinda Alivio a una Mujer en Necesidad en Greeley La vida puede ser complicada cuando pierdes a un ser querido. Si a eso le añadimos gastos imprevistos, el día a día puede volverse abrumador. Descubre cómo FirstBank ayudó a una cliente que necesitaba un “Acto de Bondad.” Conoce a Wilma. Wilma Butler ha sido cliente de FirstBank por casi 20 años. Lamentablemente, perdió a… Read More
How Instant Payments Can Offer Quicker Access to Your Money FirstBank is excited to introduce Instant Payments, which makes funds immediately available and reduces cash flow challenges present with other payment methods. What are Instant Payments? Instant Payments are electronic funds transfers (EFTs) that can help you move money into a business or consumer account within seconds and can be immediately accessed. These payments are… Read More
Cómo los Pagos Instantáneos Pueden Ofrecer un Acceso Más Rápido a Tu Dinero FirstBank se complace en presentar Pagos Instantáneos, que pone los fondos a disposición inmediata y reduce las dificultades del flujo de efectivo que se presentan con otros métodos de pago. ¿Qué son los Pagos Instantáneos? Los Pagos Instantáneos son transferencias electrónicas de fondos (Electronic Funds Transfer, EFT, por sus siglas en ingles) que pueden ayudarte… Read More
Kickstart Your Savings with a Smart Choice College Savings Account Keeping up with the rising cost of higher education may seem daunting, but a CollegeInvest Smart Choice College Savings Account (CSA) can help make saving for college easier. FirstBank and CollegeInvest are offering several added incentives to make the most of your college savings. What is a CollegeInvest Smart Choice CSA? Also known as a… Read More
4 Ways to Find the Value of Your Business Did you know 98% of small business owners don’t know the value of their company? If you’re thinking about selling or have an interested buyer, understanding the value of your business is important when negotiating the best possible deal. Here are four ways you can calculate your business’s value. 1. Asset-based method The asset-based method… Read More
FirstBank’s Helping Hand Brings Relief to Greeley Woman in Need Life can be challenging with the loss of a family member. Add unexpected bills on top of that and your everyday life may seem overwhelming. See how FirstBank stepped in to help a customer in need of an “Act of Goodness.” Meet Wilma. Wilma Butler has been a FirstBank customer for nearly 20 years. Sadly,… Read More
Western Roofing Goes Beyond Roof Repairs to Support its Community Western Roofing breaks the status quo of your typical roofing company. The longtime commercial roofing business prioritizes community support, customer service, and quality over quick gains. We caught up with Curtis Nicholson, Western Roofing President, to uncover why “doing good” can actually do a business good. 1. Briefly describe your business (what does it provide,… Read More