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

SBA Loans

Ready to grow your business?

When you need funding to fuel your small business, First Bank is ready to help.

We help small businesses like yours get government-sponsored loans from the Small Business Administration (SBA), which can help you grow when traditional bank financing may not be an option.


What can I do with an SBA 7(a) Loan?

Whether you’re a new business owner or looking to expand operations, the proceeds from SBA 7(a) loans can help fund almost any aspect of development:

  • Purchase owner-user real estate
  • Start up, purchase, or expand business operations
  • Buy equipment and inventory
  • Obtain working capital
  • Get funding to buy out a business partner

Why should I work with First Bank?

At First Bank, we know the ins and outs of SBA lending, including SBA 7(a) and customized industry loans. We can help you raise long- and short-term working capital, refinance debts and real estate loans, and more. With an SBA loan from First Bank, you’ll enjoy:

  • A simple application process
  • Long repayment terms of up to 25 years
  • Competitive fixed- or variable-rate options
  • Lower monthly payments

More than a decade ago, First Bank helped my husband and I finance our dream. Thanks to their sound, honest business expertise and support, both our restaurant and relationship with the bank are thriving.

Jenny Duckart, Salem Street Pub Owner
Ready to get started?
How we work
Together
At First Bank, you’ll enjoy one-on-one attention and comprehensive support from our entire team of business experts. You aren’t just another number in a database — you’re a partner. You’ll also learn firsthand how powerful an independent bank can be — capable of delivering everything big banks can, without being a big bank.
Sign up for a free consultation today

Trending Topics

College Savings Account in Wilmington, NC

Whether you’re a parent looking to put away money for your child’s university tuition or a high school student trying to save some spending money for college, a savings account…

How to Apply for a Small Business Loan in Florence, SC

Every successful business began with an idea. In most cases, that idea was followed by asking the common question of how to apply for a small business loan. In Florence,…

Best Savings Account Rates in Albemarle, NC

The Simple Dollar lists 100 Great Tips for Saving Money for Those Just Getting Started. At the top of the list? Finding the best savings account rates. In Albemarle, NC,…

How to Get a Personal Loan in Asheville, NC

The average credit card APR in October of 2014 was 15.07%. With such rates, sometimes a personal loan is a more cost-efficient way of getting your hands on the money…

Best Checking Account Rates In Albemarle, NC

If you live in Albemarle, NC, you can enjoy some of the best checking account rates in the state by banking with First Bank. We have two branches in Albemarle located…

Checking Account Offers – Asheville, NC

If you live in Asheville and want to open a checking account, visit your local First Bank. We offer checking accounts for individuals and business owners looking to open an…

Savings Account Interest Rates – Asheville, NC

If you’re looking to save for your future, First Bank is here to help. A savings account can be a useful tool for planned future projects, as well as a…

Small Business Loans for Women – High Point, NC

First Bank has small business loans for women who want to open a business in the High Point, NC, area. This metropolitan area currently sits at 79th on Forbes list…

Wilmington Bank

Wilmington, North Carolina, has a lot to offer, and that includes the town’s financial institutions. The very best qualities of Wilmington’s banks are evident in the five First Bank locations…

First Bank Loans

Between banks and online lenders, you have a lot of options to choose from when you need a loan. But not all loans are created equal, and First Bank loans are a step…