FirstBank recently granted $6.5 million in financing to Air-Con Inc., a distributor of air conditioners and commercial refrigeration, for working capital guaranteed by its inventory and accounts receivables. Air-Con Inc., which has offices in Puerto Rico and the Caribbean, pioneered in introducing energy saving inverter products to Puerto Rico. It also developed its own Air-Con […]
Following the partial shutdown of the U.S. government and its possible consequences on the financial responsibilities of its employees in Puerto Rico, FirstBank has launched an assistance program with solutions for loan and credit card payments. The financial institution is urging its clients to call to discuss payment options for personal and auto loans, and […]
The financing was granted under the SBA 7(a) Program to parent company Maval Corporation.
The INprende team found that more than 90 percent of the businesses presented opportunities for improvement in the areas of marketing and finances.
The funding will allow the young tennis players to continue their training and develop into athletes who can win another gold medal for Puerto Rico, López-Lay said, referring to Puig's gold medal Olympic win.
Customers also have the convenience of a new FirstMortgage center located in the same building.
FirstBank announced the winners of its recent giveaway.
The structure owned by Regino Jiménez, 84, and Margarita Forty, 76, was severely damaged by Hurricane María in September of last year.
The financial institution’s loan portfolio grew this quarter despite “meaningful organic reductions” in resolution of non-performing assets.
The new service, known in the market as “digital wallet,” allows customers to make payments at business establishments without having to physically show their card.
The trainings focus on emerging businesses and existing social enterprises.
With the aim of encouraging growth and strengthening established businesses in Puerto Rico’s urban centers, FirstBank and INPRENDE have joined to offer business training and advice to help 70 entrepreneurs gain a competitive edge.
FirstBank launched its renewed Rewards Program for its Beyond credit card customers.
With the slogan “70 years in your life,” FirstBank seeks to reaffirm its commitment to Puerto Rico by celebrating the achievements of its customers and inspiring them to continue counting on the institution to reach their future goals.
With the goal of supporting the launching of a family business, FirstBank has granted Samuel Rodríguez a $782,793 loan for purchasing and making improvements to the new Casa Wilson, an inn located in Condado.
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