Where to Get Small Business Loan Rates

So you’ve decided to start a small business, and you have everything sorted out. Business plan…check, location, check. Small business loan rate quotes….not checked.

Okay, so you have almost everything sorted out. You’re stuck on the next step—financing your business—and you aren’t sure where to get small business loan rates in your area.

There are a lot of options for small business loans, but banks are still the best places you can go. If you live in NC, SC, or VA, you can move forward with your plans to open a small business quickly and easily. All you have to do is visit a First Bank location near you, and ask one of our experts about our small business loans. Rates can vary depending on the type of loan, so speaking with one of our experts is the best way to make sure you’re getting a rate that works for you.

Loan Options at First Bank

At First Bank, we understand that small business loans aren’t one size fits all. Different businesses have different needs, and that is why we offer a variety of small business loan options, including:

  • A business credit card with rewards
  • Lines of credit
  • Business loans
  • Commercial mortgages
  • Construction loans

All of our loans are offered with flexible terms and highly competitive rates*. With First Bank, you won’t have to wonder where to get small business loan rates anymore.

What’s Next?

Now that you’ve gotten your finances figured out, what’s next? According to the U.S. Small Business Administration, you have 6 steps left:

  1. Determine the legal structure of your business
  2. Register a business name
  3. Get a tax identification number
  4. Register for state and local taxes
  5. Obtain business licenses and permits
  6. Understand employer responsibilities

For more information on starting a small business or answers to questions like “where to get small business loan rates?” check out our Financial Education Center online.


Loans subject to credit approval.

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Sources:

Bank Rate: http://www.bankrate.com/finance/personal-finance/3-ways-to-get-a-small-business-loan-1.aspx

Small Business Administration: https://www.sba.gov/content/follow-these-steps-starting-business