Skip to main content
Find Your Local Branch
Back
Scroll to top

Small Business Startup Loans – South Carolina

Running A Business 2 min read

Ready to talk to an expert?

Find A Location Get In Touch

Building a successful business takes passion, hard work, and dedication, but you shouldn’t have to do it all on your own. With First Bank’s small business startup loans, you can get the funds you need to build and grow a successful business from the ground up.

Get a Startup Loan from First Bank

Small business startup loans aren’t one-size-fits-all and that’s why your local First Bank offers five business loan options to meet the unique needs of businesses like yours. Each of our credit options provides you with competitive rates and flexible terms, giving you an edge over the competition. We provide our customers with:

  • A business credit card with rewards benefits that offers lower rates and no annual fee.*
  • Lines of credit that give you the ability to access cash quickly and conveniently.
  • Business loans for long-term financing so you can expand your new business easily and quickly.
  • Commercial mortgages that can be customized to meet your individual needs.
  • SBA loans, which are government-sponsored loans provided through First Bank.

Small Business Startup Loans - South Carolina

First Bank Success Story

In 1918, Schofield’s Hardware Store in Florence, South Carolina, opened for the first time. Nearly 100 years later, Schofield’s is still providing its loyal Florence customers with a variety of products from clothing to paint.

“Whether it’s a traditional business loan, credit line, commercial mortgage, construction loan or business credit card, First Bank can provide the foundation you need to become your own success story.”

Our support for small businesses reaches well beyond startup loans. Check out our Financial Education Center to learn more about starting and running your own business, including:

  • Evaluating a location for business potential
  • Tips on marketing and social media strategies
  • Cash management mistakes and how to avoid them
  • Utilizing Google to help new customers find you
  • Ways to grow a loyal customer base

Visit First Bank Today

Our resources for small business owners don’t end with startup loans. We also offer business checking accounts, savings accounts, treasury services, and more. To learn about our small business startup loans, visit one of First Bank’s South Carolina locations today.

*See our Terms and Conditions for complete details on our One Rewards Program. Loans subject to credit approval.

———

Sources:

Money Crashers: http://www.moneycrashers.com/new-home-construction-loan/

Ready to talk to an expert?

Find A Location Get In Touch
Share:

You may be interested in...

Birdseye view of a city inforgraphic illustration Business Location Evaluation [INFOGRAPHIC] The location of your business can be one of its most powerful assets, or not. Let's evaluate various positive and negative factors. Find the business in the infographic below and see how good its location is. 1 min read
Front Porch Realty Office. Front Porch Realty: Prepped for Growth Laura McCorry has been selling real estate in the Triangle area since 1996. After working for a franchise realty company for the first 9 years of her career, her referral base had grown so large that she decided to open her own real estate company in 2005. 3 min read
Woman receiving feedback in store from customer 5 Tips for Leveraging Customer Feedback It’s been said that we have 2 ears and 1 mouth for a reason: we should listen twice as much as we talk. Here are 5 tips to make sure you’re listening to your customers (and not just talking at them). 3 min read
a wolf in sheep's clothing works at a scam Can You Spot a Scam? Can you spot a scam? Most people are confident that they can tell the difference between fact and fiction, but the truth is that it isn’t always easy to fend off fraud. Want to test your knowledge? Click through the scenario below and think about whether it’s a helpful notice from your bank or if it might be a scam. Read on to find out the answer! Is this your bank... or is it fraud? 1) Your phone rings. Caller ID shows the number as your local bank. 2) You pick up the phone. The caller addresses you by name and seems to be familiar with your bank account number, address, and transaction history. 3) They warn you of possible fraud on your account. The caller asks if you're familiar with several recent transactions and reassures you that they'll help you protect your account. 4) They ask you to confirm your identity. Before the caller can help, they ask you to verify your identity by sharing the last 4 digits of your debit card or a one-time passcode. So... what do you think? Is the person on the phone a cunning fraudster or an honest banker? How to fight fraud and find red flags In the scenario above, the call is probably a scam. But the caller’s familiarity with your personal details may cause you to drop your guard long enough for them to retrieve your Secure Access Code (SAC) or a one-time code texted to your phone. They may use that code to change the password of your bank account, letting them in and locking you out, or to add your card to their digital wallet, which lets them use your card to make unauthorized purchases. It’s important to know that First Bank will never ask you for information like a one-time passcode if we’re the ones reaching out to you. Here are some other common red flags to look out for… Keep an eye out for these common tricks: Unexpected calls or messages, even if they look official. If you get any kind of communication claiming to be from First Bank — or another trusted source — stop and think about whether it might be fraud before responding. Caller ID and emails are easily faked. Pressure to act fast. Scammers often create a false sense of urgency to keep you from calmly thinking things through. They may claim that your account is at risk or that you owe money on a debt. Remember that legitimate businesses are unlikely to rush you. Requests for sensitive information. While we may send you a one-time code to verify your identity after you call us, remember that a First Bank employee will never reach out to you and then ask for your one-time passcode, PIN, or password. ` Being told not to contact your bank. Fraudsters may say that your local branch is under investigation for misconduct or that your usual banker isn’t available. Don’t be afraid to hang up and call a trusted number to confirm whether there’s really a problem. Unusual payment methods. If you’re ever asked to pay with a gift card, wire money to a specific account, or use a payment app, stop and call your local bank. Cryptocurrency and large cash withdrawals are also common. Scammers prefer payments like these because they’re hard to trace, and it’s often impossible to recover stolen funds. Learn more about financial fraud If you suspect a scam, here’s what to do. Need to make a quick decision in the heat of the moment? Remember these important fraud protection tips: ✅ Always double-check the details ✅ Stop and think through the situation ✅ Keep your private information secure ✅ Talk to someone you trust — like your local bank ✅ Only make payments through familiar platforms ✅ Don’t be afraid to trust your intuition And remember — fraudsters don’t only go after regular folks. They target business accountholders, too. Keep an eye out for invoices from unfamiliar vendors, urgent payment requests, unusual payroll changes, and spoofed emails. Some business accounts, like First Bank’s Business Elite, offer built-in treasury tools and fraud protection. 5 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.