Small Business
Medical & Professional Services
Tailored Solutions for a Financially Healthy Practice.
At The First National Bank of Litchfield, we offer an innovative suite of professional products and services that deliver:
- Efficiency, value and flexibility
- Dedicated specialists focus on your unique financial needs so you can focus on running your practice
Relationship Management
We understand your needs and are committed to building a trusting relationship. At FNBL, you'll work one-on-one with a relationship manager who is empowered to make decisions and take immediate action. This manager is also backed by a team of local experts whose goal is to streamline processes and transition your account with ease.
Master Line of Credit
Medical Practices can take advantage of a single credit facility that is ideal for bridging operating cash flows from Medicare/insurance reimbursements, leasing and/or financing:
- EMR/EHR systems
- Diagnostic equipment
- Office furniture and equipment
- Liability insurance
Cash Management
Our business cash management service provides 24-hour online account management for increased financial control. And with Remote Deposit Capture (RDC), you'll enjoy the convenience of scanning checks and making deposits without leaving your office.
- Improve funds availability
- Enhance your practice's operating efficiency
- Overnight investment services
Equipment Leasing
Leasing through First Litchfield Leasing Corporation, a subsidiary of The First National Bank of Litchfield, helps remove some of the financial barriers to upgrade technology or expand your practice.
- Lease terms are flexible and creative
- Advance rates up to 100% of original cost or current value
- Sufficient and predictable cash flow coverage
- Competitive pricing using fixed or floating rates
Wealth Management *
FNBL provides investment management, financial strategy, and trust and estate services for both your professional and personal needs.
- Doing what's best for you - we are not bound by proprietary products, so you are assured of getting unbiased advice and solutions.
- Smart allocation strategies to help you build and preserve your wealth.
- Development of the most effective tax strategies.
- Traditional investment management, our innovative FirstVantageSM Overlay Investment Program, or the option of combining both into a single account.*
- Personal service and attention by a tenured team.
Lines of credit must be tied to a FNBL business checking account. All offers and terms subject to change without notice.
*Investment products are not insured by the FDIC or any other government agency, are not deposits or other obligations of, or guaranteed by, The First National Bank of Litchfield, and are subject to investment risk, including possible loss of value.
