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

Where to Get Commercial Mortgage Rates

Running A Business 2 min read

Ready to talk to an expert?

Find A Location Get In Touch

Location, location, location. The value of location is just as important for commercial success as it is for where to get commercial mortgage rates. The wrong rates can lead your business off the beaten path while commercial mortgage rates like the ones from First Bank can have your business on the fast track to profitability.

First Bank: Where to Get Commercial Mortgage Rates

The Houston Chronicle examined the value of having just the right physical location for a business; various factors like foot traffic and visibility come into play when choosing a location. First Bank takes a closer look at this issue and provides some key insights into choosing the perfect location for your next business. When choosing a business location, consider the following factors:

  • Location. Location, location, location–this old adage isn’t just lip service. Choosing a location that’s safe, convenient to target customers and (yes) convenient to you and your staff’s commute is essential to a smooth operation.
  • Building. When choosing the face of your business, customers often will and do judge a book by its cover. Think about your branding, size, needed repairs, parking and growth projection when deciding upon the best place to set up shop.
  • Terms. Always read the small print before signing that dotted line! Consider factors like leasing or buying terms and cost, always compare with like-buildings in the area.

With over 100 locations spanning North Carolina and South Carolina, First Bank is proud to help businesses find a home with competitive commercial mortgage rates.* Have more questions? We’re here to help! Contact a small business specialist with First Bank and let us know how we can help you realize your goals and secure a great commercial mortgage rate.

Loans subject to credit approval.

———

Sources:

Houston Chronicle: http://smallbusiness.chron.com/location-add-value-small-business-77422.html

Investopedia: http://www.investopedia.com/terms/c/commercial-real-estate-loan.asp

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...

Woman sitting in fancy hotel lobby using a laptop. Business Owners: Put Automation to Work for You A year ago today, Ann was a totally different entrepreneur. Her title might have been Owner of Little Genius Tutoring, but her to-do list didn’t quite match. She was trying frantically to keep all her students and parents happy, while also juggling the following tasks: Drafting invoices in Word and mailing them to clients—sometimes twice, when a parent would forget to send payment. Trying out various accounting programs and software but getting frustrated and reverting back to a spreadsheet to track her income. Digging through piles of checks and receipts every month to figure out which clients had paid and who was overdue. It soon became clear that Ann was actually wearing the hats of Client Services, Billing Manager, Systems Manager, and Bookkeeper. Her tutoring business was staying afloat, but she was working tons of extra hours just to make ends meet. Does this sound like a familiar story? Automation at Work Fast forward to today: Ann’s to-do list is much shorter, and she’s gained back valuable time in her day. She spends most of her workweek doing what she loves — helping her students — and just a fraction of her time collecting and tracking payments. What changed in the last year? Ann found Autobooks: the only way to collect electronic payments that’s plugged right into her First Bank business checking account. Now clients pay her through Autobooks — instead of by cash or check. And the best part? Parents can pay from their phone or computer, at whatever time of day is convenient for them, while also using whatever payment method they prefer: a credit card or check (debit from their checking account). When Ann signs into her business checking account, she has an instantaneous view of who’s paid in full and who still owes money. If a parent’s payment is late, Ann can send an automatic email reminder—no phone tag and no printing out another invoice. Ready to get started to see if Autobooks can help you save time too? Sign up for a free demo, stop by your local branch, or contact Business Support. You could be receiving electronic payments before the end of the day. 2 min read
Where to Get Payroll Services If you are wondering where to get payroll services, consider First Bank. With First Bank’s payroll services, you can: Reduce expenses associated with paper-based payment systems like printing and storing of checks. Manage risks by reducing check fraud losses. Submit transaction information directly through our online banking system. Handle direct deposits into employee accounts without having to write checks. Payroll Services from First Bank If you want to cut business costs and start saving money, switching to a payroll service is a great way to begin. Payroll services enable you to maintain control of your funds until you need them, all while eliminating the need to buy paper excess paper or to hire a bookkeeper. With First Bank, you don’t have to wonder where to get payroll services anymore. Our Payroll Direct Deposit service can be used to disburse funds such as:* Direct deposit of payroll Expense reimbursement Royalty payments Vendor payments Our electronic disbursement payments give you control of your funds until the moment you need them to cover disbursements. You can also reduce the time and expense or writing, processing, and reconciling checks when you provide information electronically. If your company uses payroll, pensions, expense reimbursements, annuities, dividends, interest, or royalties and has vendors interested in electronic payments—First Bank’s payroll solutions might be a great solution for your business. Visit a branch near you for a free small business financial consultation or more information. *Subject to credit approval. ——— Sources: Business News Daily: http://www.businessnewsdaily.com/7477-choosing-payroll-service.html Investopedia: http://www.investopedia.com/terms/d/disbursement.asp 2 min read
Business Spotlight: Schofield's Ace Hardware Video Business Spotlight: Schofield’s Ace Hardware First Bank client Schofield's Ace Hardware is much more than a hardware store in Florence, SC. On top of the paint, plumbing, and electrical equipment, they carry sporting goods, hunting and fishing clothing, outdoor accessories, shoes, and boots. 2 min read
Unique Lightbulb How to Find Your USP (Unique Selling Point) Very few businesses are entirely unique. Unless your business is totally original, you will need to find a way to distinguish yourself from the competition. This is known as your unique selling point (USP), value add, or simply your "secret sauce." 3 min read