Business Loan Services
At Bank of North Carolina, we know how important financing can be to
the success of your business. Whether you're just starting out or expanding
an existing business, we have the right product for you. For instance,
one of our term loans can provide a fixed interest rate that can assist
with your borrowing for specific reasons. And a line of credit can provide
flexibility for your immediate borrowing and cash flow needs.
If you need financing for expansion, machinery, equipment or working
capital, we can help. A secured loan from Bank of North Carolina allows
a business to borrow against its assets. Our short-term commercial loans
are great for seasonal working capital. And you can buy new properties
or improve existing ones with a commercial real estate loan.
Stop by and talk to one of our Commercial Loan Officers. They'll review
your situation with you and offer a plan to meet your particular financial
needs. In every case, we use a personalized approach to lending that assures
the right product fit.
All loans are subject to credit approval.
Real Estate Lending
Real Estate Lending is a key area of expertise for Bank of North Carolina.
Our bankers are trained to develop a solid understanding of each opportunity
and to work with customers to structure financing solutions that are
both innovative and competitive. We have considerable expertise working
in the developer, investor and owner-occupied markets, and can offer
Construction Loans and Acquisition and Development (A&D) loans that
fit your specific needs.
Developers and Investors
Bank of North Carolina works with both developers and investors to provide
a full range of financing options for income-producing land and properties,
including multi-family residential, retail, industrial and office properties.
Lines of Credit
A revolving line of credit is a business essential. Use it to manage cash
flow by financing short-term capital needs such as inventory, accounts
receivable or other seasonal needs. With a line of credit, you're in
control. You may borrow, repay and borrow again up to your credit limit.
Term loans are often used to finance fixed-asset purchases for items such
as equipment, vehicles and furniture. Term loans are a great way to
finance permanent working capital or debt consolidation, and are available
for buying, improving or refinancing commercial property.
Accounts Receivable Financing
Bank of North Carolina can help cover seasonal and other short-term operational
needs. One of our most popular solutions is to arrange a line of credit
that's secured by your company's receivables. Securing a credit line
with receivables is ideal for companies that might not otherwise qualify
for an unsecured line of credit that's sufficient for their needs.
The Bank of North Carolina Business credit cards (Visa® or MasterCard®)
are designed to make it easy for businesses to manage travel and entertainment
expenses. It allows for separate spending and credit limits for each
cardholder and then track card usage through monthly statements. Several
usage reports are available to assist with budgeting and tracking expenses.
With a business credit card, you can eliminate the time-consuming process
of reviewing expense reports and reimbursing employees!
As you can see,
our credit card is a necessity for any business with employees who travel.
Stop by any one of our locations to apply today and begin focusing on
what matters most—managing your company. If
you are a current credit card customer and you would like more information
regarding your account click www.24-7cardaccess.com.
For more information
about how Bank of North Carolina can help you with your business financing
needs, contact us today. Click here for locations.
All loans and credit requests are subject to credit approval.
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