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Best Small Business Bank in Wilmington, NC

Running A Business 2 min read

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If you’re looking for the best small business bank in Wilmington, NC, look to your local First Bank. Our business banking services are designed to meet the needs of businesses of all sizes by further increasing our small business loan offerings, and we’ve been dedicated to helping small business owners since we opened our doors in 1935.

Small Business Banking from First Bank of North Carolina

You have many banking options available to you throughout all of North Carolina. In Wilmington, NC, there are five First Bank locations. Here’s what helps make us one of the best small business banks in Wilmington and across the nation:

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Visit your nearest First Bank to experience one of the best small business banks you’ll find in Wilmington, North Carolina, and beyond.


*Loans subject to credit approval. See our Terms and Conditions for complete details on our One Rewards Program. MasterCard, Debit MasterCard and the MasterCard brand marks are trademarks of MasterCard International Incorporated.

**Investment and Insurance Products are NOT Bank Deposits, NOT FDIC-Insured, HAVE NO Bank Guarantee, NOT Insured by any Federal Government Agency, May Go Down in Value.

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3 Major Factors of a Small Business Credit Card Comparison Conducting a small business credit card comparison can be a useful tool when looking for resources that can help your company. But there are many credit card options available to entrepreneurs, which can make it difficult to choose one that is best fit for you and your business. When choosing a small business credit card, the Wall Street Journal suggests paying attention to three specific aspects: Interest rates. Whether you plan to pay off your balance as soon as you make a purchase, or carry a balance on your card, interest rates are important. Some cards will have a teaser interest rate as low as 0% for the first year, and most credit cards will raise your interest rate for any late payments. Rewards benefits. Consider the rewards you will earn for making purchases. For example, if your company travels a lot, you might want to look for a card that offers rewards on gas or travel. Annual fees. Some cards charge annual fees—others don’t. Pay attention to the annual fee charges when choosing a card in order to avoid paying yearly.  With First Bank, you don’t have to spend all your time comparing credit cards. We offer one small business credit card with all of the features and benefits you need to run your business smoothly. No Other Credit Cards Compare Eliminate the hassle of credit card comparison with First Bank.* Our Mastercard Business Card with Rewards** does feature several benefits, including: 1.25 points for every $1 spent on qualified purchases Zero liability No annual fee 24-hour MasterCard Global Service® Purchase assurance MasterAssist: travel assistance MasterRental insurance Competitive interest rate Visit Your Local First Bank Today To learn more about our Mastercard Business Card with Rewards or other business loan options, contact or visit your local First Bank branch today. **See our Terms and Conditions for complete details on our One Rewards Program. Loans subject to credit approval. ——— Sources: Wall Street Journal: http://guides.wsj.com/small-business/funding/how-to-pick-a-credit-card-for-your-business/ 2 min read
Small Business Startup Loans in North Carolina If you have a good idea and a little bit of business savvy, a small business startup loan can serve as the cornerstone to your fortune. 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. Sign up for a free small business financial consultation with one of our experts or visit your nearest North Carolina First Bank to learn more about a small business startup loan. Small Business Loans from First Bank First Bank’s small business startup loan offerings include: Lump-sum loan to finance equipment or vehicles Business credit card for all those everyday business expenses Business line of credit for continued borrowing Commercial mortgage so you can buy the business space of your dreams Construction loan for starting from scratch or renovation projects Learn more about how First Bank’s small business start up loans can help you succeed. Using a Loan to Start a North Carolina Small Business Our support for small businesses extends well beyond startup loans. Utilize our Financial Education Center to read about valuable information for small business owners including: How to evaluate a location for business potential. Tips for marketing a small business and social media strategies. Common cash management mistakes and how to avoid them. How to utilize Google to help new customers find you. Ways to thank your customers and cultivate loyalty. How to gather customer data. Come to First Bank for a small business startup loan and turn your idea into a success story! Contact us or stop by a North Carolina First Bank location near you.  For even more information on First Bank, read our articles on what’s required to open a business checking account, construction loans in North Carolina, and small business credit card comparisons. Loans subject to credit approval. ——— Sources: Small Business: http://smallbusiness.chron.com/definition-business-loans-1902.html 2 min read
Image for tile. How to Build Business Credit as a New Business: A Step-by-Step Guide 1. Establish Your Business Plan Creating a business plan is the first step when starting a business. It serves as a roadmap, outlining your goals, target market, financial projections, and strategies for success. A well-crafted, documented plan also conveys your vision to important stakeholders like CPAs and attorneys so they can provide tailored financial and legal guidance. A CPA will use your plan to assess budgeting, tax planning, and funding strategies while attorneys will use it to advise on business structure contracts and compliance. Ultimately, a business plan will transform your vision to actionable steps, ensuring professional advisors can help you build a solid foundation for long-term success. 2. Register Your Business With your business plan in hand, and the direction of your advisors, it’s time to set up your business legally. 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