COMMERCIAL Relief EFFORTS
The coronavirus pandemic is creating financial uncertainty for many businesses. We understand that our commercial clients are actively monitoring the situation and evaluating their current and future financial situation. FirstBank & Trust wants you to know that we are a strong partner with you during this time in the better days ahead.
- We recognize that each customer is unique, and it is unlikely that a “one size fits all” program would satisfy our customers who are accustomed to solutions that are tailored to their unique needs.
- Our commercial banking relationship managers are available to partner with our commercial customers to help them evaluate liquidity, cash flow, future sales projections, as well as, credit needs.
- We have implemented a streamlined credit approval process to help our bankers service our customers quickly and efficiently.
- We are also closely monitoring the development of federal stimulus programs and we will be prepared to assist our customers in evaluating each of those programs as they become available.
Coronavirus Aid, Relief, and Economic Security (CARES) Act Enactment - March 30, 2020
On Friday, March 27, 2020, the Coronavirus Aid, Relief, and Economic Security (CARES) Act was enacted, representing one of the largest emergency aid and economic assistance programs ever adopted. Although guidelines on the implementation of the CARES Act have not yet been shared with financial institutions, we recognize the importance of communicating information about the CARES Act, and how it could potentially assist you.
Our Commercial Bankers are ready to help your business grow.
Or let us contact you.