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

Small Business Loans – Albemarle, NC

Running A Business 2 min read

Ready to talk to an expert?

Find A Location Get In Touch

If you are thinking about opening a small business in Albemarle, North Carolina, First Bank can provide you with a small business loan to get you started. Albemarle offers lower utility rates, real estate, construction costs, and living costs than other nearby areas. The city is also located less than an hour away from the busy metropolitan area of Charlotte, making it a great spot for economic development.

Loan Options at First Bank

First Bank has a variety of small business loan options available for anyone looking to start or grow a small business. Whether you are just starting out, expanding your business, or looking to refinance debt, First Bank has a loan built to meet your needs.

  • Our First Bank Mastercard Business Card with Rewards gives you the flexibility to make everyday and monthly business purchases conveniently and securely. There is no annual maintenance fee,* and you can earn rewards points when you use your card.
  • First Bank’s lines of credit enable you to access cash quickly and easily. You can repay and reuse your credit line as needed.
  • Our business loans give you immediate access to a lump-sum of cash. Use it to expand, buy new equipment, or refinance debt.
  • First Bank provides competitive pricing on a variety of commercial mortgage products. Our commercial real-estate specialists can structure a loan that meets the unique needs of your business.
  • Whether you are building from the ground up or expanding an existing space, a First Bank construction loan can provide you with the necessary funds to complete your project.

If you want to learn more about First Bank’s small business loan options, contact or visit one of our two Albemarle, NC locations to set up a free small business consultation.

See our Terms and Conditions for complete details on our MasterCard® programs. © 2022 MasterCard. MasterCard, Debit MasterCard and the MasterCard brand marks are trademarks of MasterCard International Incorporated. Loans subject to credit approval.

———

Sources:

Merchant Maverick: https://www.merchantmaverick.com/understanding-small-business-loan-fees/#Servicing_and_Maintenance_Costs

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...

Find your best customers How to Find Your Best Customers How can you learn more about the most profitable 20%? What characteristics do they share? How can you find more customers like them? A little bit of research can lead to a more efficient and profitable business. 3 min read
Business Spotlight: Duplin Winery Video Business Spotlight: Duplin Winery Duplin Winery was started in 1972 by the Fussell Family. Now managed by brothers Dave Fussell Jr. and Jonathan Fussell, the Winery produces over 300,000 cases and hosts over 100,000 visitors per year. 3 min read
Image for tile. The Changing Face of the Retail Experience For while retailers face seemingly infinite choice, competition, and technology, retail is still at its strongest when it is focused on the basics: people, service, and relationships. 5 min read
What is Required to Open a Business Checking Account? It’s standard for a business to have a business checking account. After all, a business needs to handle cash and pay bills. If you’re just starting a business, or even if you’re moving your business bank account to a new institution, you’ll need to show several pieces of documentation. So what is required to open a business checking account? The answer to that question is pretty similar from one bank to another. What You Will Need to Open a Business Checking Account Identifying Documents Confirmation of identity is required to open a business checking account. Bring along a government issued picture ID (e.g. driver’s license, passport) to corroborate your identity with your business’ registered information. Business Licenses Whether you are an LLC or an individual proprietor, bank officials will typically need to see your current business license. Legal Incorporation Documents According to Business News Daily, it is essential to bring along state-filed articles of incorporation in order to open a business checking account. If a business has numerous owners or operates on a board-advisory basis, the bank will require documentation granting the account opener the right to access funds and transactions. DBA Name Registration If you are DBA, doing business as a fictitious name, the law requires you to register that name with the state. Photocopy and keep this registration for your records, as you will need it to get started with business banking. Tax Identification Number Your business’ employment identification number, also known as the tax identification number, is a key tool for tax management and paying employees. Make sure to bring this to your business banking appointment. If you are a sole proprietor, you can use your own social security number for business tax purposes. These are the documents typically required to open a business checking account, though requirements may vary by state. However, by contacting your bank, you can easily determine what you need to have on hand to open your company’s checking account. Open Your Business Banking Account at First Bank When you choose to open a business checking account at First Bank*, you’ll be rewarded with a number of features and perks, including: Free online and mobile banking** Comprehensive bill pay capabilities An option to 3 min read