First Commerce Bank

This is a financial institution offering SBA loan programs tailored for small and medium-sized businesses. You can find information about loan options, application processes, and eligibility criteria to help you secure funding for your business needs.

It's recommended to schedule an appointment to ensure dedicated time with a loan officer, but walk-ins are also welcome during business hours. Calling ahead can help streamline your visit and prepare necessary documentation.

The bank operates from 9:00 AM to 5:00 PM, Monday through Friday. It's best to confirm hours before visiting, as they may vary on holidays or special occasions.

There are no fees for simply visiting or consulting; however, loan processing and application fees may apply depending on the specific financing arrangement. It's advisable to review fee details during your consultation.

This bank primarily serves small business owners and entrepreneurs, with a focus on clients in New Jersey and surrounding regions. Eligibility is based on business criteria and creditworthiness, not residency alone.

Typically, a minimum personal credit score of 640 is preferred, though higher scores may improve approval chances and loan terms.

The underwriting process generally takes between 30 to 45 days, depending on the completeness of your application and the complexity of your financial situation.

Most banks keep weekday business hours and are closed on weekends, and First Commerce Bank typically follows the same pattern. SBA lending staff are generally reachable Monday through Friday. A few locations offer Saturday or by-appointment hours, so call First Commerce Bank to confirm current weekend availability before you go.

First Commerce Bank is located in New Jersey — see the contact card for the full address. Most bank locations offer free on-site or nearby street parking for visitors. For exact directions, the entrance, and accessible parking, use the listed address or call ahead and staff can point you to visitor spaces.

This page is an independent directory listing for First Commerce Bank, an SBA-participating bank. It is maintained by SBA Lenders USA to help borrowers compare lenders — not by First Commerce Bank itself, which runs its own lending under its own ownership. If you work at First Commerce Bank, you can claim this listing from this page to manage it.

The core details for First Commerce Bank — name, location, contact, and lender type — are compiled from public records and reviewed periodically. Rates, programs, credit policies, and hours change often and are not guaranteed here, so always confirm the latest terms directly with First Commerce Bank before applying. If you represent First Commerce Bank, claim this listing to keep its information up to date.

You can reach First Commerce Bank by phone at (732) 364-0032 or online at firstcommercebk.com — the details are in the contact card on this page. For SBA loans specifically, ask for their business lending or SBA department. Treat this directory page as a starting point and confirm hours and contact details with First Commerce Bank before relying on them.

Based on its approved SBA loans, First Commerce Bank most often finances businesses in general retail, restaurants & food service, wholesale & distribution, construction & contractors, medical practices & clinics, and manufacturing. This reflects First Commerce Bank's real SBA 7(a) and 504 lending history rather than a stated policy — it can still consider other industries and sets its own current preferences, so confirm with First Commerce Bank which sectors it actively lends to before you apply.

SBA Express offers lines of credit and term loans up to $500,000 with a faster turnaround than standard 7(a) loans. Whether First Commerce Bank participates in SBA Express depends on its specific SBA lending authority. Contact First Commerce Bank and ask if it offers SBA Express and what the current limits and terms look like for your situation.

SBA Preferred Lender Program (PLP) status lets a lender approve loans in-house without sending each one to the SBA first, which usually means faster decisions. Many established banks hold PLP status, but it varies by institution. First Commerce Bank can confirm its current PLP standing — ask before you apply if speed matters to you.

The SBA does fund start-ups, but many traditional lenders prefer at least two years of operating history and may ask newer ventures for a larger equity injection or stronger collateral. First Commerce Bank's appetite for start-ups is set by its own credit policy. If you are early-stage or pre-revenue, ask First Commerce Bank directly whether it considers start-up loans.

For SBA 7(a) and 504 commercial real estate loans, borrowers typically contribute around 10% to 20% as a down payment or equity injection, depending on the property and the deal. Exact requirements vary with your credit, the business, and the lender's policy. Ask First Commerce Bank what down payment it expects for your specific commercial real estate purchase.

SBA 7(a) loans with terms under 15 years generally carry no prepayment penalty, while longer real estate loans can have one in the early years. Short-term working capital lines often have no penalty, but terms vary by lender. Review your loan agreement and ask First Commerce Bank to spell out any prepayment penalties before you sign.

SBA loans can be used for a partner or owner buyout, including buying out an existing equity partner, when the deal is structured to meet SBA rules — for example, the remaining owner generally must stay actively involved. Approval depends on the specifics, so discuss your buyout plan with First Commerce Bank to confirm it qualifies and how to document it.

A past personal bankruptcy does not automatically disqualify you from an SBA loan. Lenders look at how long ago it was discharged, the circumstances, and how your credit has recovered since. First Commerce Bank weighs this case by case under its own policy, so be upfront about your history and ask First Commerce Bank how it evaluates prior bankruptcies.