Restaurant Loan – Albemarle, NC

With a proven track record of providing restaurant loans in North Carolina, First Bank knows its way around the kitchen.

If you’re planning to open a restaurant in Albemarle, NC, First Bank has locations on East Main Street and Highway 52 North ready to offer restaurant business help.

We can help get your restaurant up and running or help improve an existing one with a number of different loan services including:

  • Restaurant loans. Use a lump sum of cash from First Bank to get the equipment and supplies you need or start paying your staff.
  • Credit lines. Open a line of credit to access money when you need it or open a First Bank Business World Credit Card.
  • Construction loans. Set the table with a loan for new construction, expansion or remodeling of your building.
  • Commercial mortgages. Location is critical for a successful restaurant so get a mortgage for the perfect spot!

First Bank not only lends you money for your business but we can help manage it too. Our merchant services include payment processing, check collection, payroll, deposit services and online or mobile banking.

What Do I Need for a Restaurant Loan?

Restaurant loans make up the largest number of small business loans approved by the Small Business Association. That being said, there’s a number of things you’ll need for your restaurant loan in Albemarle, NC.

Most banks will run a consumer report of your previous banking relationships to make sure you don’t have a record of charged-off accounts or fraudulent activity.

Most of all, you’ll need First Bank, which was named by Entrepreneur as one of America’s friendliest lenders to small businesses.

Sign up for a free business consultation with one of our friendly associates and start heating up the oven!


Loans subject to credit approval.

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Sources:

Entrepreneur: http://www.entrepreneur.com/bestbanks.

NerdWallet: https://www.nerdwallet.com/blog/small-business/small-business-loans-restaurant-startup/