¹ This is not a loan approval or commitment to lend. Loans are subject to First Republic Bank’s underwriting standards and verification of documents provided. You will be required to provide security interest in the borrower’s assets. This loan is on demand, which means you will be required to repay the loan in full if a demand is made at any time, for any reason. The proceeds of the loan cannot be used for personal, family or household purposes, or to purchase or carry margin stock. Applicants should discuss loan terms, conditions and account details with their Relationship Manager. Applicant must meet with a First Republic banker to open a required checking account. Minimum opening balances will vary, and a monthly fee may apply if the required minimum average balance is not maintained. Fees and other terms and conditions apply. This product is not available in all markets. For a complete list of locations, visit firstrepublic.com/locations.

² To qualify for the 6-month introductory rate of 2.95%, borrower must be a new First Republic Bank business account client, which is defined as an entity or sole proprietorship that does not have an existing First Republic Bank (“Bank”) deposit account that was opened more than 90 days before the Small Business Loan completed application was submitted. After 6 months, the interest rate will automatically revert to the a) variable rate for a revolving line of credit as described in footnote 4, b) fixed rate for a term loan as described in footnote 3, or c) fixed rate for a non-revolving line of credit as described in footnote 5. Borrower’s interest rate will be identified in borrower’s loan agreement. Offer for the introductory rate is valid for completed applications submitted 01/01/2023–06/30/2023 and subject to change without notice. Ask your banker for details.

³ The term loan consists of fixed interest rates ranging between 6.50% and 12.50%. Fixed interest rate is current as of 03/23/2023, subject to change daily and based on the Prime Rate, as published in The Wall Street Journal (8.00%). Term loan available up to 7 years. Rates shown include relationship-based pricing discount of: a) 3.00% for maintaining auto debit of loan payment from account, and b) 2.00% for maintaining an average daily combined balance of 50% of the loan amount or greater, in First Republic business and/or consumer checking accounts held by the Business and Guarantor(s). If the above criteria for relationship-based pricing is not maintained for the life of the loan the rate will increase accordingly. Rates will vary based on applicant’s deposit relationship with the Bank. Ask your banker for details.

⁴ The revolving line of credit consists of variable interest rates ranging between 6.00% and 11.00%. Variable interest rate is current as of 03/23/2023, subject to change daily and based on the Prime Rate, as published in The Wall Street Journal (8.00%). Rates shown include relationship-based pricing discount of: a) 3.00% for maintaining auto debit of loan payment from account, and b) 2.00% for maintaining an average daily combined balance of 50% of the loan amount or greater, in First Republic business and/or consumer checking accounts held by the Business and Guarantor(s). If the above criteria for relationship-based pricing is not maintained for the life of the loan, the rate will increase accordingly. Rates will vary based on applicant’s deposit relationship with the Bank. Ask your banker for details.

⁵ The non-revolving line of credit consists of a one-year non-revolving draw period during which borrowers make interest only payments, followed by a fully amortizing repayment period for the remainder of the term. Amounts repaid cannot be redrawn and draws are not permitted once the repayment period begins. Terms available up to 7 years. The non-revolving line of credit consists of fixed interest rates ranging between 6.50% and 12.50%. Fixed interest rate is current as of 03/23/2023, subject to change daily and based on the Prime Rate, as published in The Wall Street Journal (8.00%). Rates shown include relationship-based pricing discount of: a) 3.00% for maintaining auto debit of loan payment from account, and b) 2.00% for maintaining an average daily combined balance of 50% of the loan amount or greater, in First Republic business and/or consumer checking accounts held by the Business and Guarantor(s). If the above criteria for relationship-based pricing is not maintained for the life of the loan the rate will increase accordingly. Rates will vary based on applicant’s deposit relationship with the Bank. Ask your banker for details.

⁶ Minimum opening deposit $5,000. A monthly service fee (currently $30) will apply. Earnings allowance may offset most fees based on balance maintained. Non-interest-bearing checking account.

⁷ Earnings credit rate will determine your earnings allowance for the month. Ask your banker for details, including how earnings allowances are calculated and applied to bank service fees. The earnings credit rate and program are subject to change without notice.

⁸ Origination fee waiver valid for completed applications submitted 01/01/2023–12/31/2023 and is subject to change without notice. Terms and conditions apply.