Skip to main content
_FB_2018-Icons-finalized-cleaned-up_new_FB_2018-Icons-finalized-cleaned-up_newGroup 9
Back
Scroll to top

Commercial Mortgage – Wilmington NC

Running A Business 2 min read

Ready to talk to an expert?

First Bank’s commercial mortgage lenders can put you in the right location for your Wilmington, NC, business to succeed. Our commercial real-estate loan specialists will offer you more than just a competitive rate—we’ll share industry knowledge and local market expertise to get you in the right location at the right price. We offer a wide variety of flexible commercial mortgage products for businesses of all sizes.

Commercial Financing from First Bank in Wilmington

First Bank in Wilmington, NC, offers commercial mortgages and more:

  • Commercial mortgages — First Bank provides competitive pricing on a variety of commercial mortgage products.
  • New construction — If you want to build from scratch, First Bank can provide a great construction loan.
  • Remodeling  You might find the perfect location but the wrong decor. Financial backing from First Bank can help spruce up the place.
  • Expansion — Find a great building but need just a little more space? Let First Bank knock down that wall for you.
  • General construction — Maybe your place of business could use a new roof or have the parking lot re-paved. First Bank can help with that too.

Sign up for a consultation with a First Bank specialist to inquire about a mortgage for existing commercial real estate.

Commercial Mortgage - Wilmington, NC

First Bank — Your Local Business Specialist

Speak to a mortgage specialist at a First Bank location near you to see what First Bank can do for your business.


Loans subject to credit approval.

Not FDIC Insured Not Bank Insured May Lose Value
Not Insured by any Federal Government Agency Not a Bank Deposit

———

Sources:

Investopedia: http://www.investopedia.com/terms/c/commercialrealestate.asp

Ready to talk to an expert?

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...

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
Where to Get Small Business Loan Rates So you’ve decided to start a small business, and you have everything sorted out. Business plan…check, location, check. Small business loan rate quotes….not checked. Okay, so you have almost everything sorted out. You’re stuck on the next step—financing your business—and you aren’t sure where to get small business loan rates in your area. There are a lot of options for small business loans, but banks are still the best places you can go. If you live in NC or SC, you can move forward with your plans to open a small business quickly and easily. All you have to do is visit a First Bank location near you, and ask one of our experts about our small business loans. Rates can vary depending on the type of loan, so speaking with one of our experts is the best way to make sure you’re getting a rate that works for you. Loan Options at First Bank At First Bank, we understand that small business loans aren’t one size fits all. Different businesses have different needs, and that is why we offer a variety of small business loan options, including: A business credit card with rewards Lines of credit Business loans Commercial mortgages Construction loans SBA loans All of our loans are offered with flexible terms and highly competitive rates*. With First Bank, you won’t have to wonder where to get small business loan rates anymore. What’s Next? Now that you’ve gotten your finances figured out, what’s next? According to the U.S. Small Business Administration, you have 6 steps left: Determine the legal structure of your business Register a business name Get a tax identification number Register for state and local taxes Obtain business licenses and permits Understand employer responsibilities For more information on starting a small business or answers to questions like “where to get small business loan rates?”, visit your nearest First Bank location to talk to a business loan expert today. Loans subject to credit approval. ——— Sources: Bank Rate: http://www.bankrate.com/finance/personal-finance/3-ways-to-get-a-small-business-loan-1.aspx Small Business Administration: https://www.sba.gov/content/follow-these-steps-starting-business 2 min read
Find New Business Loans Near Me First Bank offers a generous and versatile array of options to find new business loans near you. We were recently named one of the best banks in North Carolina by Forbes.com, so you can expect professional and personal care from any of our North Carolina or South Carolina branches to help your business succeed together. Types of New Business Loans Nearby First Bank has more than 100 locations serving the Carolinas, so there’s always a way to get a new business loan nearby. We offer the following options to help businesses grow: Business loans: Inject your business with some long-term financing capital to get started. Put funds to work immediately so you can take the first step. Credit lines: Open an avenue for accessing cash for your business in a fast and easy way. A business credit card: Jumpstart your business with low rates, no annual fees and a free rewards program. Commercial mortgages: Take advantage of First Bank’s staff of commercial real-estate experts to customize a mortgage to fit your business. Get a Business Loan Nearby with First Bank First Bank’s dedication to helping businesses grow doesn’t stop there. We also offer business checking and savings accounts, financial education for your employees (free!), and a business debit card. First Bank business customers can also get comprehensive business services, such as payment processing for point-of-sale, check fraud protection, and payroll direct deposit. Visit our business page to find a new business loan* near you with First Bank. For more information about First Bank, check out some of our related articles: Where to Get Small Business Loan Rates, How to Get a Small Business Loan, or Small Business Loan Rates Near Me. *Loans subject to credit approval. **While First Bank does not charge for mobile banking, your mobile carrier’s message and data rates may apply. The First Bank Digital Banking Apps are available for select mobile and tablet devices. There is no charge from First Bank, but message and data rates may apply. Must enroll in First Bank Online Banking and download the First Bank Digital Banking App from the App Store or Google Play. Apple, the Apple logo, and iPhone are trademarks of Apple, Inc., registered in the U.S. and other countries. App Store is a 2 min read
Image for tile. Why Good Business Credit is Essential for the Success of your Business 1. Better Financing Options When your business has strong credit, it becomes easier to secure loans, lines of credit, and other forms of financing. Not only will you have access to more options, but lenders are also likely to offer you more favorable terms, such as lower interest rates and higher credit limits. Lower interest rates can save your business a substantial amount of money over time, while better terms provide flexibility in managing cash flow, covering operational expenses, or investing in growth. Good business credit reduces the risks for lenders, meaning they are more willing to trust your business’s financial stability. This trust is rewarded through more affordable financing options, which can play a significant role in sustaining and expanding your operations. 2. Higher Credit Limits for Greater Financial Flexibility One of the advantages of good business credit is the ability to secure higher credit limits. For business owners, this is crucial in managing cash flow, especially during times when expenses fluctuate or sales are seasonal. A higher credit limit ensures that your business has the flexibility to cover operational expenses, such as payroll, inventory, or other costs, without having to worry about hitting a credit ceiling too early. Additionally, with a higher credit limit, businesses can take on larger projects, invest in new equipment, or pursue larger contracts without running into immediate cash flow issues. 3. Favorable Vendor and Supplier Terms Suppliers and vendors often evaluate a business’s creditworthiness before extending payment terms. A company with good business credit is more likely to be offered favorable terms, such as net 30 or net 60, which means you have 30 or 60 days to pay your invoice. These terms improve your company’s working capital by giving you the flexibility to pay for products and services after generating revenue from them. Being able to negotiate better terms with suppliers can also allow you to take advantage of bulk purchasing or discounts, further strengthening your profit margins. On the other hand, businesses with poor credit may face stricter payment terms, which can lead to cash flow problems down the road. 4. Lower Insurance Premiums Many business insurance providers look at your company’s credit score when determining premiums. A strong credit score can help reduce the cost of insurance, lowering one of your regular business expenses. Insurance companies view businesses with good credit as being less risky, which leads to lower premiums. For small businesses, every dollar saved is important. Lower insurance premiums mean more capital to reinvest into the business, whether that’s for new equipment, employee training, or marketing initiatives. 5. Business Growth and Expansion Opportunities Strong business credit doesn’t just help you manage daily operations—it also positions your company for growth. With easier access to capital, you can seize opportunities to expand operations, purchase new equipment, hire additional staff, or even launch new product lines. Whether you’re opening a second location or scaling your team, business credit is often the foundation of these major moves. Businesses that can quickly access financing without hurdles are better equipped to take advantage of growth opportunities when they arise. On the other hand, businesses with poor credit may struggle to find the capital they need, missing out on potential revenue and growth. 6. Building Reputation and Trust Having good business credit doesn’t just help with finances—it also signals to potential partners, investors, and customers that your business is financially stable and reliable. A company with strong credit is seen as a trustworthy partner in the marketplace, which can foster stronger relationships with clients and other businesses. Investors are also more likely to invest in a business with good credit, as it reflects sound financial management and lower risk. Similarly, customers often view financially stable businesses as more reliable, leading to increased trust and loyalty. 7. Separation of Personal and Business Finances Establishing and maintaining good business credit allows business owners to separate their personal and business finances. This separation is crucial because it helps protect personal assets in the event of any business-related financial issues. Without business credit, owners often rely on their personal credit to secure loans or credit for their businesses, which can blur the lines between personal and business liabilities. By keeping personal and business finances separate, you also reduce the chances of personal credit being affected by business downturns, which helps maintain financial health on both fronts. Next Steps When you’re ready to expand and grow your business, come talk to us at First Bank. We are dedicated to helping local businesses thrive. Whether you’re looking to improve your business credit or secure financing for expansion, our team is here to provide personalized support every step of the way. Contact us today to learn more about how we can help your business succeed. 4 min read
First Bank logo
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.