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 Loans – Florence, SC

Running A Business 2 min read

Ready to talk to an expert?

Find A Location Get In Touch

With a rising population and a per capita income higher than the state average, Florence, South Carolina, is a promising place for new businesses. First Bank has two locations in town that offer small business loans for customers wanting to open, expand or otherwise finance their small business.

Loan Options at First Bank

Our small business loan options include:

  • Business Loans. Receive a lump sum of cash to finance everything you need to get your business off and running. Use the money to buy vehicles, inventory, equipment or supplies.
  • Credit Line. Use a business line of credit to make purchases as needed. The flexibility of this loan allows you to borrow and repay regularly.
  • Business Credit Card. Take advantage of low rates, no annual fees, and a rewards program to back your small business needs. Use the card as often as you wish.
  • Commercial Mortgages. Finance your place of business with First Bank’s competitive lending. Consult with our commercial mortgage experts for market area expertise and industry knowledge.
  • SBA Lending. These government-sponsored loans for small business are a great option when traditional bank financing is not available.
  • Professional Loans. Certain types of businesses can be approved for a professional loan so you can build that new office space you’ve been thinking about.

Additional Small Business Features

After you’ve opened your small business loan with First Bank, use our additional services to further enhance your business including our business checking and savings accounts, easy payment processing, direct deposit and more. Our First Bank associates on West Evans Street and Loop Road in Florence, SC, will be happy to assist you with you small business loan.

Loans subject to credit approval.

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...

Small Business Loan Rates in North Carolina For competitive small business loan rates* in North Carolina, stop by your local First Bank branch to compare loans with flexible terms and highly competitive rates. We make borrowing money for your business easy and provide the necessary financing for you to be successful in your venture. Small Business Loans at First Bank First Bank is dedicated to helping you navigate the small business loan process. A government-sponsored loan from the Small Business Administration (SBA) can help you grow your business when traditional bank financing may not be an option. We have an SBA team with expertise in different types of SBA lending programs. Some of our solutions for your small business include: Long repayment terms up to 25 years Lower monthly payments Competitive fixed or variable rate options 504 refinancing for large debts For more information on applying for a small business loan, contact a First Bank SBA team member. Additional Loan Options for Businesses In addition to small business loans, First Bank offers a variety of other loan options to help your business succeed. We offer: Business Credit Cards with Rewards—These credit cards offer low rates, no annual fees, and a rewards program with everyday purchases. Lines of Credit—This solution allows you to access cash for any business venture quickly and efficiently. You can repay and reuse your credit line as needed. Business Loans—Our business loans can help you expand your business, fund new equipment, and increase your revenue. Commercial Mortgages—Our specialists provide competitive pricing on a variety of commercial mortgage products and can help structure a loan specific to your needs. Visit First Bank Today To compare small business loan rates, visit your local North Carolina First Bank. With more than 100 locations in North Carolina, we are determined to help you choose the best option for your financial needs. ——— Sources: SBA: https://www.sba.gov/content/504-debt-refinancing-program *Loans subject to credit approval. 2 min read
Where to Get Physician Mortgage Loans If you’re a business-minded professional looking for a mortgage loan with a competitive rate, you’re in luck. First Bank is pleased to be the place to secure physician mortgage loans. We offer professional mortgage loans for physicians, dentists, optometrists, Pharm.D pharmacists, ophthalmologists, podiatrists, osteopathologists, and veterinarians. What is a Physician Mortgage Loan? Physician mortgage loans are home loans that are designed to meet the needs of physicians that are just starting out. New physicians typically graduate college with a substantial amount of student loan debt, making it hard for them to qualify for loans. Physician mortgage loans are typically easier to qualify for because the lender takes into consideration the amount of money a physician will make once he or she graduates. Professional Mortgage Loans from First Bank First Bank offers professional mortgage loans for physicians looking to purchase a primary homes, details include: No mortgage insurance required No down payment required Prepay your loan under no penalty Seller contributions or gift funds of up to 3% of the purchase price may be used for closing costs Maximum of 100% loan-to-value for purchase of primary home For more information on physician mortgage loans, talk with with a First Bank mortgage loan officer. Physician Mortgage Loans — Apply Today First Bank offers two convenient ways for physicians to get mortgage loans. You can use our online application to apply for a loan. That means you don’t have to leave your own home to apply for a professional loan. Just gather your financial and property information and easily complete the application. Or visit one of our 100 plus locations throughout the Carolinas. Loans subject to credit approval. ———- Sources: NY Times: http://www.nytimes.com/2014/10/12/realestate/mortgages-for-physicians.html?_r=0 Investopedia: http://www.investopedia.com/terms/a/amortization.asp 2 min read
Image for tile. Don’t Just Earn Money. Get Paid. Having customers and doing great work is not enough to keep your business in shape; you also have to get paid for the work you do. 3 min read
What Are Mobile Merchant Services? If you own a business, you know how essential technology is to making it run smoothly. You may have even asked the question, “What are mobile merchant services?” Read more to figure out what mobile merchant services are and how First Bank can help you use them. What Are Mobile Merchant Services? In today’s world, keeping up with changes in technology is important, especially when running a business. Payment methods have evolved throughout the years, from cash and checks to credit and debit cards. Now, the mobile platform is being heavily utilized. Your business should be positioned to accommodate this changing landscape. Mobile merchant services are when a bank handles mobile electronic payment processing for merchants. In other words, mobile merchant services allow you to accept electronic payments through your cell phone or other mobile devices. First Bank offers a variety of merchant services, including in-store and mobile credit card processing. Credit card processing is a convenient way to control your cash flow by ensuring timely, automatic deposits into your account. With First Bank’s in-store and mobile merchant services, you get: Competitive rates with no hidden fees Multiple authorization networks and transaction processing methods Experienced and dedicated sales staff support National processing capabilities Comprehensive 24-hour online reporting Automated in-house chargeback/retrieval processing system with 24-hour turnaround 24-hour in-house merchant help desk 48-hour merchant settlement (24-hour merchant settlement if going to a First Bank account) Easy application process Contact First Bank Today Since 1935, First Bank has been dedicated to helping local businesses get the most out of their money. To learn more or to sign up for a free demonstration of our card processing services, call or visit a local branch. ———- Sources: Investopedia: http://www.investopedia.com/terms/m/merchant-account.asp 2 min read