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

Small Business Loans Made Easy – First Bank of North Carolina

Running A Business 2 min read

Ready to talk to an expert?

North Carolina is a smart choice for any entrepreneur looking to start a business. The state encourages its residents and visitors to shop local. Organizations like Shop Local Raleigh and Got To Be NC have popped up all over North Carolina. Their goal is to promote local businesses and to encourage people to support the local economy. First Bank understands the importance of supporting the local economy.

We first opened our doors to meet the needs of a small town that lost its only bank in 1935 and we were known for helping local farmers and businesses manage their finances. If you are thinking about starting a business in NC, consider a small business loan with First Bank because we’ve cared about the needs of small businesses since day one.

Get a Small Business Loan from First Bank

Starting a small business should be a rewarding experience, and First Bank provides you with the tools to be successful. We offer small business loans with flexible terms and competitive rates. Small business loans enable you to infuse your business with a lump-sum of cash, so you can get what you need for your business quickly and easily. First Bank also offers other business loan and credit options to fit your small businesses’ needs, including:

  • A business credit card with no annual maintenance fee.*
  • Lines of credit to meet your unique needs.
  • Commercial mortgages to help you move into the space of your dreams.
  • Construction loans for new construction, remodeling, expansion, and other construction projects.

Our business banking services do not end there. We can also provide you with checking and savings accounts, merchant services, treasury services, and more.

Visit Your Local First Bank Today

It isn’t hard to see why First Bank was rated one of the best small business lending banks in the nation. Visit us to learn more about our small business loans and other business banking options. We have over 90 locations in North Carolina, making it easy to find a location near you.


*See our Terms and Conditions for complete details on our One Rewards Program.

———

Sources:

Shop Local Raleigh: https://shoplocalraleigh.org/

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...

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 Loans Made Easy – First Bank of North Carolina North Carolina is a smart choice for any entrepreneur looking to start a business. The state encourages its residents and visitors to shop local. Organizations like Shop Local Raleigh and Got To Be NC have popped up all over North Carolina. Their goal is to promote local businesses and to encourage people to support the local economy. First Bank understands the importance of supporting the local economy. We first opened our doors to meet the needs of a small town that lost its only bank in 1935 and we were known for helping local farmers and businesses manage their finances. If you are thinking about starting a business in NC, consider a small business loan with First Bank because we’ve cared about the needs of small businesses since day one. Get a Small Business Loan from First Bank Starting a small business should be a rewarding experience, and First Bank provides you with the tools to be successful. We offer small business loans with flexible terms and competitive rates. Small business loans enable you to infuse your business with a lump-sum of cash, so you can get what you need for your business quickly and easily. First Bank also offers other business loan and credit options to fit your small businesses’ needs, including: A business credit card with no annual maintenance fee.* Lines of credit to meet your unique needs. Commercial mortgages to help you move into the space of your dreams. Construction loans for new construction, remodeling, expansion, and other construction projects. Our business banking services do not end there. We can also provide you with checking and savings accounts, merchant services, treasury services, and more. Visit Your Local First Bank Today It isn’t hard to see why First Bank was rated one of the best small business lending banks in the nation. Visit us to learn more about our small business loans and other business banking options. We have over 90 locations in North Carolina, making it easy to find a location near you. *See our Terms and Conditions for complete details on our One Rewards Program. ——— Sources: Shop Local Raleigh: https://shoplocalraleigh.org/ 2 min read
How To Get A Small Business Loan If you are an entrepreneur ready to start your own business, or a seasoned small business owner looking to expand, you may need to know how to get a small business loan. Acquiring the funds to start or grow your small business can be challenging, especially if you are unsure of which steps to take first. Below you’ll find the six key steps to successfully obtaining the loan you need. 6 Important Steps to Get a Small Business Loan According to Forbes, these are six important steps you should take in order to get a business loan: Start early. Think about your needs and the relationships you should build prior to actually requiring the loan. Decide what the money will be used for. Know how the money will be used and determine if that is a good or poor use of money. Adjust if necessary. >Decide how much money is needed. Make sure you don’t ask for too little or too much. Have a budget in mind, and show your research and projections. Know your score, income, industry risk, cash flow. Lenders will look at a lot of different information to determine if the principal borrowing the money is reliable Find a lender. You should research what type of lender can best fulfill your business needs. Consider your local First Bank.* Prepare your loan application. Generally this includes a business plan, financial results and projections and other relevant financial information. Business Loans from First Bank** If you are looking for a small business loan in North Carolina or South Carolina, your first step is to contact or visit your local First Bank branch. We’ve been providing entrepreneurs and small business owners with the tools they need to succeed since 1935, and we are committed to that same standard of service today. Our loan experts will talk to you about our requirements and guide you through the application process. We even offer an online Financial Education Center that features tips and tricks for starting, managing, and growing your business. * Member FDIC **Loans subject to credit approval. ——— Sources: Forbes: http://www.forbes.com/sites/aileron/2014/10/02/7-steps-to-getting-a-business-loan/ 2 min read