Skip to main content
_FB_2018-Icons-finalized-cleaned-up_new_FB_2018-Icons-finalized-cleaned-up_newGroup 9
Find Your Local Branch
Back
Scroll to top

Apply for a Flexible Small Business Loan in Jacksonville, NC

Running A Business 2 min read

Ready to talk to an expert?

Find A Location Get In Touch

Forbes named Jacksonville, North Carolina as the #2 location for cost of doing business. Families, retirees, and business owners alike are continuously drawn to Jacksonville, making it one of the best places in NC to start a small business. If you want to start a business in Jacksonville, NC and are wondering how to apply for a small business loan, consider these helpful steps.

How To Apply For A Small Business Loan: Step-by-Step

When looking at how to apply for a small business loan, there are some important steps you should take.

First, you should look at what criteria your bank looks for when lending to business owners.

Second, you will need to figure out what information is required in order to apply for a loan. Different lenders will require different documents, but in general you will need:

  • Personal and business credit history
  • Personal and business financial statements for existing and startup businesses as well as projected financial statements
  • A strong, detailed business plan
  • Cash flow projections for at least a year
  • Personal guarantees from all principal owners of the business

Third, you should be prepared and make sure everything is in order to make the loan process easier.

First Bank’s Small Business Loan Options

First Bank offers business loans at competitive rates, as well as other loans and credit options including:

  • Business credit cards with rewards for registered users
  • Lines of credit
  • Commercial mortgages
  • SBA loans

Apply for a Small Business Loan Today

To apply for a small business loan or to learn more about our other lending options, call or visit one of First Bank’s two Jacksonville, NC locations. Our loan specialists can guide you through the process and determine which loan is best for you.

Loans subject to credit approval.

———

Sources:

SBA: http://www.sba.gov/blogs/6-step-guide-how-get-business-loan

Ready to talk to an expert?

Find A Location Get In Touch
Share:
First Bank’s Good To Know Logo
Sign up for our newsletter and be the first to know about new tips, insights, and products from First Bank.
First Bank may use this email address to contact you about products, services, and promotions.

You may be interested in...

Best Small Business Bank – North Carolina If you’re looking for the best small business bank in North Carolina, the search ends with First Bank. First Bank’s doors first opened in 1935 to serve farmers and local businesses when the small town of Troy, NC, lost its local bank. Since then, we have continued to help small businesses thrive all over North Carolina. Small Business Options at First Bank In fact, First Bank was one of five institutions to receive a cash infusion from the U.S. Treasury’s Small Business Lending Fund in an effort to further increase small business loan offerings. “Not all businesses are the same, and we are a community bank with community values that strives to anticipate and meet your needs. Small business owners will find that we offer multiple banking options to fit their needs.“ There are a number of reasons why First Bank is among the best small business banks in North Carolina. With locations throughout the state, your business can count on us for: Business loans. Get a lump-sum business loan for equipment, supplies, inventory, vehicles, or anything else you need.* Credit lines. Open a line of credit to borrow and repay as needed or utilize a First Bank business credit card to be used at any time.* Commercial mortgages. First Bank can offer you a competitive mortgage for your place of business. Construction loans. We’ll give you a helping hand in our construction and professional loans program to build new construction, remodel, renovate or expand.* Merchant services. First Bank can help with accepting credit cards for payment, check collection, and more. Checking and savings accounts. We offer several business checking accounts and 3 business savings accounts, each designed to meet the unique needs of a variety of businesses. Credit cards. The First Bank Mastercard Business Card with Rewards provides you with the freedom to make business purchases as needed and pay them off in a convenient and secure way. Online & mobile banking. With a First Bank business account you can quickly and easily manage your funds from your computer or mobile device with our online and mobile banking services.* Treasury services. We offer a wide range of solutions to reach your optimal cash flow efficiency. Find a First Bank Near You Small businesses make 4 min read
Duplin Winery - Dave and Jonathan Fussell Sippin’ On Sweet Success: Inside the Duplin Winery When it’s running at full capacity, the Duplin Winery in Rose Hill, North Carolina can turn out 8,000 bottles of its sweet Muscadine grape wine in a single hour. These days, they sell every bottle they make. But it wasn’t always that way. 4 min read
Wondering Where to Get Mobile Merchant Services? Wondering where to get mobile merchant services for your business? First Bank can help you with all of your business needs, including in-store and mobile merchant services such as payment processing, reporting, and check collection. Find your nearest First Bank location today to find out how doing business can get a whole lot easier. Mobile Credit Card Processing Services at First Bank The ability to accept and process credit and debit card transactions is essential to doing business in today’s market. With an estimated 176 million credit card users in the United States, it’s important to make sure that your business is able to accommodate your customers. By providing a selection of payment options for your customers, you can simplify your business operations and increase your revenue. First Bank’s merchant services can help your business accept several different payment options in-store and mobile, including credit cards, debit cards, electronic checks, gift cards, and more. Our credit card processing can: Reducing payment risks Creating purchasing mobility Expanding your customer base Improving revenue capture Types of Merchant Services Available Here are a variety of merchant services that First Bank offers: Payment Processing & Management These payment processing and management services provide a pricing advantage with equipment and software that allow business owners to process payments through point-of-sale terminals, Internet, wireless, mobile, and integrated solutions. This includes products such as: Credit Card Processing: In-Store & Mobile Reconciliation & Reporting Streamline your payment processing operations with a user-friendly, online management and reporting system. This includes: Comprehensive activity reports that allow access to all your business payment card transactions. User controls that help to create your own reports based on needed required information. The ability to respond online to chargebacks and retrievals, including exporting reports to Excel for further analysis. Reports for adjustment history, authorizations, and merchant statements when you need it. Check Collection With a two-step verification process, you can increase the profitability of your business by reducing liability, get protected against losses, and increase your sales by securely and quickly accepting checks through our verification and guarantee. Get Mobile Merchant Services Today at Your Nearest First Bank Since 1935, First Bank has been helping businesses succeed in an increasingly competitive market. Visit your nearest branch today and see what our friendly staff 2 min read
Small Business Loans for Women in North Carolina If you live in North Carolina and you’re looking for small business loans for women, your local First Bank can help. We offer a variety of small business loans that can help female entrepreneurs start or expand their North Carolina Business.  First Bank’s Small Business Loans for Women The costs of running a small business come in many shapes and sizes and that’s why we offer a number of different options for financing a business.* Commercial Mortgages — If you need a storefront, warehouse, office or other location for your business, consider a commercial mortgage to finance an existing location. Construction Loans — Maybe you need a construction loan to build a place of your own or perform remodeling or expansion on an old one, we can help! Business Loans — Startup costs can be taken care of with a lump sum business loan from First Bank. Whether it’s equipment, supplies, inventory or other needs, we can get you off and running. Lines of Credit — Starting and running a business doesn’t come without everyday, unforeseen costs to keep things afloat. Our business line of credit is a great way to manage these expenses. Business Credit Card — First Bank’s Mastercard Business Card with Rewards is a great way to make everyday and monthly business purchases while earning rewards points—all with no annual fee. SBA Loans  — A government-sponsored loan from the Small Business Administration (SBA) can help you grow your small business when traditional bank financing may not be an option. Check out our small business loan options in more detail when you stop by your nearest branch today! Resources for Women Business Owners in NC North Carolina has plenty of business development resources for women, including: The Women’s Business Center of North Carolina — this center offers “tools and support to establish businesses, stabilize their companies, generate sustainable profits, strategize for future growth and contribute to the growth and economic development of the community.” Center for Economic Empowerment and Development — CEED has a history of helping women and families through specialized programs, and their mission is to “promote growth, productiveness and well being through peer counseling, education, information, and advocacy programs.” N.C. Department of Administration’s Office of Historically Underutilized Businesses — 3 min read
First Bank logo
Powered by  GDPR Cookie Compliance
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognizing you when you return to our website and helping our team to understand which sections of the website are the most popular and useful.