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 Startup Loans in North Carolina

Running A Business 2 min read

Ready to talk to an expert?

Find A Location Get In Touch

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

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...

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
First Bank: Financing Loans for Businesses Choosing a bank to finance the right loan for your business is a critical decision. There are loans that cater to the established business looking to expand, and there are loans for the entrepreneur just getting started. The team at First Bank can help you choose the financing that’s right for you. Business Financing Options Shopping for loans can be overwhelming because of the large number of options available. Here’s a quick overview of some common types of business loans: Secured Loans Lenders offer secured loans because they are low risk. The borrow is required to put up collateral in exchange for the financing. Unsecured Loans Unsecured loans do not require the buyer to put up collateral. Approval for unsecured loans often depends on the borrower’s available capital and credit score. Short-Term Loans Short-term loans serve as a quick infusion of cash that requires swift repayment. Long-Term Loans A long-term loan is financing that is repaid over more than 12 months. If you’re needing to acquire assets for your business, this may be the right option for you. SBA Loans The Small Business Association (SBA) is a government agency that helps small businesses find loans. If you do not qualify for a traditional loan, you may be eligible for a loan through the SBA. If you’re just starting out, an SBA loan may be right for you. First Bank SBA has financed thousands of small businesses. SBA Loan Options Some common types of loans from the SBA include: 7(a) loans This common and versatile loan provides the necessary financing to launch a new business or to acquire or expand an existing one and can provide up to $5 million with terms stretching up to 25 years. Microloans Microloans are similar to the 7(a) loan but finance only up to $50,000, with repayment terms reaching up to six years. CDC/504 loans CDC/504 loans provide long-term and fixed-rate financing for the acquisition of real estate and expensive assets. Find a First Bank Near You Whatever your goals, we can find a loan to fit your needs. Find a First Bank branch in your area and start growing your business today. ———— Sources: SBA: sba.gov/loans-grants/see-what-sba-offers/sba-loan-programs/general-small-business-loans-7a/7a-loan-program-eligibility SBA: https://www.sba.gov/content/disaster-loan-program Loans subject to credit approval. 2 min read
Happy Cakes team HappyCakes Cupcakery Finds the Sweet Spot HappyCakes Cupcakery began satisfying Morehead City’s sweet tooth even before co-owner Angela Diaz formally launched the business in September 2012 with her daughter-in-law, Kaylee. “We had a lot of friends encouraging us to go into business.” 3 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