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Small Business Startup Loans in Sanford, NC


The Ewing Marion Kauffman Foundation estimated the average cost of starting a small business to be about $30,000. Many of us have dreams of opening our own business, but don’t know where to start. This is where small business startup loans come in handy, and in Sanford, NC, there are two First Bank branches that can help bring your dreams to life.

Whatever the financial needs for your small business are, First Bank can help.

Small Business Startup Loan FAQ

Need quick cash?

You may need equipment, supplies, inventory, uniforms, vehicles, and more to jumpstart your small business. First Bank can inject a lump sum of cash into your business to cover these costs in the form of a small business startup loan.

Need ongoing financing?

Small business costs don’t stop at startup. A small business can take time to grow, and you’ll encounter additional costs as you experience growth, such as utility bills and employee wages. A First Bank business line of credit provides the flexibility to use and repay your credit line as needed to keep your business afloat.

Need a home for your business?

First Bank can offer you a commercial mortgage to finance the Sanford, NC, location of your choice or a construction loan to build a new building or expand or remodel an old one.

Need to make everyday purchases?

First Bank’s Business World Credit Card with Rewards allows you to make the everyday purchases you need with no annual fee competitive rates and a rewards program for registered users.*

Learn More About Small Business Startup Loans Today

Get all the information you need about First Bank’s small business startup loans by signing up for a free small business financial consultation with one of our Sanford, NC, associates today.


*Loans subject to credit approval. See our Terms and Conditions for complete details on our One Rewards Program. MasterCard, Debit MasterCard and the MasterCard brand marks are trademarks of MasterCard International Incorporated.Loans subject to credit approval.

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Sources:

AARP: http://www.aarp.org/work/on-the-job/info-09-2012/how-to-start-a-small-business.html

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