SMALL BUSINESS
LINE OF CREDIT
AT 5% APR FOR
TWO YEARS*
APPLY TODAY
• NO ANNUAL FEE FOR THE FIRST YEAR.
• MUST OPEN A BUSINESS CHECKING ACCOUNT WITH A MINIMUM
OPENING DEPOSIT OF $5,000.00 AND MAINTAIN AN AVERAGE
BALANCE OF $5,000 FOR TWENTY-FOUR CONSECUTIVE MONTHS.
FOR COMPLETE DETAILS,
PLEASE CONTACT:
Emily Natale
Vice President, Branch Manager
23-88A Bell Boulevard
Bayside, NY 11360
(929) 409-6100
The first ten
customers will
receive a FREE
FITBIT WATCH!**
Fitbit - Charge 2 + Heart rate
Activity Tracker
($145 Value)
®
*Terms and Conditions apply. Offer expires 12/31/19 and is open only to new Small Business Line of Credit “SBLOC” applicants that reside in Queens County. The offer is not available to customers
that have an existing Small Business Line of Credit or a Commercial & Industrial (C&I) loan with The First National Bank of Long Island. The Minimum/Maximum SBLOC amount under this offer is
$25,000 - $500,000. The introductory Annual Percentage Rate (APR) is the Prime Rate as published in the Wall Street Journal (WSJ) which was 5.00% as of 9/19/19. This introductory rate is 5.00% for the
first twenty-four (24) months. Thereafter, the APR will be a variable rate tied to the then current Prime Rate as published in the WSJ +2.0%. To obtain the advertised introductory rate, the applicant
must simultaneously maintain an FNBLI Business Checking account with an average monthly balance of $5,000 for twenty-four (24) consecutive months and auto pay at least the minimum required
payment for the SBLOC from that FNBLI Business Checking account. Failure to meet these terms will result in an increase to the Introductory Rate to the then current Prime Rate as published in the
WSJ+2.0%. This offer of credit is not transferable and is subject to approval based on additional standard underwriting criteria, including but not limited to, the personal credit of any guarantor(s). The
advertisement must be presented at time of application. The SBLOC annual fee of $50 will be waived for the first year. Thereafter, the annual fee will apply. To get started, please contact a banking
representative for additional details and any applicable fees. This offer may be modified or withdrawn at any time without notice.
**The Free Gift offer is available to the first ten customers that open a Business Checking Account and apply for a Business Line of Credit by 12/31/19. New money only. Must be opened with a minimum
opening deposit of $5,000.00. An average balance of $5,000.00 must be maintained in the account for twenty-four (24) consecutive months. Offer is valid to new Checking Account customers as of
10/4/19. The offer is not valid to customers that have closed a First National Bank of Long Island Checking Account in the last 12 months. Speak to a Branch Representative for complete details. This
offer may be modified or withdrawn at any time without notice. Fees and penalties may apply. A 1099-INT form will be issued to you for the value of the gift. If the requirements are not met, the value
of the free gift will be deducted from the customer’s Business checking account and a 1099-INT form will be issued to the customer noting the value of the gift as a deduction/penalty.
Member FDIC Equal Opportunity Lender
6 TIMESLEDGER, OCT. 18-24, 2019 BT QNS.COM
/QNS.COM
