North State Bank

This is a financial institution offering SBA loan programs, business financing solutions, and expert support for small and medium-sized businesses in the region. You can find assistance with funding for growth, working capital, and acquisitions, along with personalized guidance throughout the application process.

It's recommended to schedule an appointment to ensure dedicated time with a loan officer, but walk-ins may be accommodated depending on availability. Calling ahead can help streamline your visit and prepare necessary documentation.

North State Bank operates Monday through Friday, 9 AM to 5 PM (excluding holidays). Contact your local branch directly to confirm specific hours or to arrange appointments outside regular business hours.

There may be fees associated with loan applications, processing, and closing costs. These fees are disclosed upfront during the application process and vary depending on the loan type and amount.

This lender primarily serves small and medium-sized businesses within its regional area, but eligibility depends on meeting specific credit and business criteria. Non-residents may be considered if they meet certain requirements and have a U.S.-based business.

Typically, a minimum personal credit score of 640 is preferred, but higher scores can improve approval chances. The bank evaluates the overall creditworthiness of the borrower and guarantor during the application process.

The underwriting process generally takes between 30 to 60 days, depending on the complexity of the loan and completeness of submitted documentation. Working closely with the bank can help expedite the process.

Most banks keep weekday business hours and are closed on weekends, and North State Bank typically follows the same pattern. SBA lending staff are generally reachable Monday through Friday. A few locations offer Saturday or by-appointment hours, so call North State Bank to confirm current weekend availability before you go.

North State Bank is located in North Carolina — see the contact card for the full address. Most bank locations offer free on-site or nearby street parking for visitors. For exact directions, the entrance, and accessible parking, use the listed address or call ahead and staff can point you to visitor spaces.

This page is an independent directory listing for North State Bank, an SBA-participating bank. It is maintained by SBA Lenders USA to help borrowers compare lenders — not by North State Bank itself, which runs its own lending under its own ownership. If you work at North State Bank, you can claim this listing from this page to manage it.

The core details for North State Bank — name, location, contact, and lender type — are compiled from public records and reviewed periodically. Rates, programs, credit policies, and hours change often and are not guaranteed here, so always confirm the latest terms directly with North State Bank before applying. If you represent North State Bank, claim this listing to keep its information up to date.

You can reach North State Bank by phone at (919) 855-9925 or online at northstatebank.com — the details are in the contact card on this page. For SBA loans specifically, ask for their business lending or SBA department. Treat this directory page as a starting point and confirm hours and contact details with North State Bank before relying on them.

Based on its approved SBA loans, North State Bank most often finances businesses in restaurants & food service, medical practices & clinics, construction & contractors, hotels & lodging, fitness & recreation, and general retail. This reflects North State Bank's real SBA 7(a) and 504 lending history rather than a stated policy — it can still consider other industries and sets its own current preferences, so confirm with North State Bank which sectors it actively lends to before you apply.

SBA Express offers lines of credit and term loans up to $500,000 with a faster turnaround than standard 7(a) loans. Whether North State Bank participates in SBA Express depends on its specific SBA lending authority. Contact North State Bank and ask if it offers SBA Express and what the current limits and terms look like for your situation.

SBA Preferred Lender Program (PLP) status lets a lender approve loans in-house without sending each one to the SBA first, which usually means faster decisions. Many established banks hold PLP status, but it varies by institution. North State Bank can confirm its current PLP standing — ask before you apply if speed matters to you.

The SBA does fund start-ups, but many traditional lenders prefer at least two years of operating history and may ask newer ventures for a larger equity injection or stronger collateral. North State Bank's appetite for start-ups is set by its own credit policy. If you are early-stage or pre-revenue, ask North State Bank directly whether it considers start-up loans.

For SBA 7(a) and 504 commercial real estate loans, borrowers typically contribute around 10% to 20% as a down payment or equity injection, depending on the property and the deal. Exact requirements vary with your credit, the business, and the lender's policy. Ask North State Bank what down payment it expects for your specific commercial real estate purchase.

SBA 7(a) loans with terms under 15 years generally carry no prepayment penalty, while longer real estate loans can have one in the early years. Short-term working capital lines often have no penalty, but terms vary by lender. Review your loan agreement and ask North State Bank to spell out any prepayment penalties before you sign.

SBA loans can be used for a partner or owner buyout, including buying out an existing equity partner, when the deal is structured to meet SBA rules — for example, the remaining owner generally must stay actively involved. Approval depends on the specifics, so discuss your buyout plan with North State Bank to confirm it qualifies and how to document it.

A past personal bankruptcy does not automatically disqualify you from an SBA loan. Lenders look at how long ago it was discharged, the circumstances, and how your credit has recovered since. North State Bank weighs this case by case under its own policy, so be upfront about your history and ask North State Bank how it evaluates prior bankruptcies.