Government Business Loans Chapel Hill NC

Can you acquire a straight Government Business Loan? Yes! But there are methods you need to know. Here are the facts.

Local Companies

Bank of America
(919) 918-4228
851 Willow Dr
Chapel Hill, NC
Wachovia Bank
(919) 969-2077
112 W Barbee Chapel Rd
Chapel Hill, NC
Suntrust
(919) 932-2781
102 Highway 54 W
Chapel Hill, NC
First Citizens Bank
(919) 918-7134
11312 US Highway 15 501 N
Chapel Hill, NC
Harrington Bank
(919) 913-3200
301 Kildaire Rd
Chapel Hill, NC
Suntrust
(919) 932-2723
750 Weaver Dairy Rd
Chapel Hill, NC
Bb&t
(919) 918-7040
100 N Elliott Rd
Chapel Hill, NC
Bb&t
(919) 918-7040
100 N Elliott Rd
Chapel Hill, NC
Bank of America
(919) 918-4260
104 Main St
Chapel Hill, NC
Suntrust
(919) 932-2761
201 S Estes Dr
Chapel Hill, NC

Provided By:

Steps

  1. Figure out what category your new business fits into. Your business needs to fall into a non-profit or researching New Technology to qualify for a loan from $100,000 to 1 million.
  2. Check the (SBA) Small Business Administration for all types of loans.
  3. Look at the Loan Guaranty Program. Eligibility depends on the size,type and availability of funds from other sources. SBA limits.
  4. Inquire about a Microloan Program. These are for a growing small business or a start-up.
  5. Ask about a Pre-Qualification Program. This is for the Disabled, low income borrowers and Veterans
  6. Can you qualify for a CDC 504 Program? This is basically for long-term
  7. financing used in land deals and buildings.
  8. Have you heard about the CAPlines Program? This is an umbrella program under the SBA. There are 5 categories: Seasonal Line, Contract Line, Builders Line, Standard Asset-Based Line and Small Asset Based Line. There are Credit lines up to $200,000.

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