Skip to content
Best Business Loan Lenders shieldBest Business Loan Lenders
Powered byLevrGet help choosing
First Citizens Bank logo

First Citizens Bank

Listed
Bank for asset based lending and commercial real estate loansRaleigh, North CarolinaBased in North Carolina; service area not yet provided
BBLL 000740Listed Oct 2026From public recordsLast checked Oct 31, 2026
Request contactIs this your lender? Claim it

About

First Citizens offers conventional business financing and distinct SBA 7(a), 504 and Express programs. Its Express product has a narrower amount and use-of-funds scope than the federal program maximum.

Bank. Lends to businesses from its own deposits.

This entry starts from public records. The lender fills in the rest when it claims the entry, which is free.

What they lend

Asset based lendingCommercial real estate loansEquipment financingBusiness lines of creditSBA 504 loansTerm loansWorking capital loans
From the lender's own site and public records.

A second look at First Citizens Bank

First Citizens offers conventional business financing and distinct SBA 7(a), 504 and Express programs. Its Express product has a narrower amount and use-of-funds scope than the federal program maximum.

Direct lender: First-Citizens Bank & Trust Company, marketed as First Citizens Bank; an SBA Preferred Lender.

Published by Levr, not by First Citizens Bank. This is a source-based profile and editorial assessment, not customer reviews or a promise of approval. Sources checked October 31, 2026.

Visit the official provider website →

Programs and published requirements

Compare the specific program and legal funding entity on your offer. Advertised limits and minimums do not guarantee eligibility or your price.

Business loans and lines

Uses
Working capital, equipment, facilities, leasehold improvements and debt restructuring.
Structure
Term loans provide a lump sum; revolving lines replenish with repayment. Personal guarantees generally required.
Pricing
Fixed and variable structures discussed; no universal rate, fee schedule or credit/revenue minimum established.

Provider sources: Business financing and guarantees

SBA Express

Amount and term
$50,000–$400,000; 10-year full amortization with no balloon.
Permitted use
Working capital and nontitled equipment; vehicles, boats and trailers are excluded. Equipment invoices must be fully funded at closing.
Bank-specific screen
At least 12 months operating; no bankruptcy within seven years; page also restricts active legal actions. Additional SBA and bank rules apply.
Equity and costs
No down payment or prepayment penalty advertised; closing costs and fees can be financed, so financing is not fee-free.

Provider sources: Express product and exclusions

Standard SBA 7(a) and 504

7(a) range
$400,000–$5 million on current comparison; up to 25 years for real estate or 10 years for other uses.
504 structure
Separate bank and CDC/SBA portions for eligible fixed-asset projects; equity and maturity depend on the project.
Coverage
First Citizens states its 7(a) loans are available in all U.S. states except Vermont. This does not establish identical coverage for every product.

Provider sources: SBA product comparison and disclosures

When it may fit

Our assessment of the published programs

  • Potentially useful for an operating business seeking smaller SBA-backed working capital or a larger acquisition/fixed-asset project.

What to weigh carefully

  • The bank’s $400,000 Express cap should not be replaced by the federal $500,000 program ceiling.
  • The Express page uses broad wording about citizenship and staffing; confirm actual current SBA ownership requirements and any bank overlays directly.
  • 504 project totals are not SBA debenture limits.

Questions before you accept an offer

  1. Which legal loan program and use-of-funds rules apply?
  2. What eligibility requirements are bank overlays?
  3. Which owners and entities must guarantee, and what assets secure the loan?
  4. How much of the gross loan covers fees rather than reaching the business?

Ask for written terms. Compare net cash received, total repayment, fees, payment timing and early-payoff costs for the same financing need.

Prepare your comparison

Use the same questions and figures for each offer you receive.

Alternatives to research

These are options for a related financing need, not a ranking or a claim of equivalent eligibility or pricing.

Live Oak Bank

Compare Live Oak smaller SBA7(a) and larger project programs.

Regions Bank

Compare Regions SBA loans and working-capital facilities.

The lender

Type
Bank
Legal name
First-Citizens Bank & Trust Company
Founded
1898
Charter
Not yet provided Add it
Headquarters
Raleigh, North Carolina
Service area
Based in North Carolina; service area not yet provided
Meets in person
Not yet provided Add it
Languages
Not yet provided Add it
Program approvals
SBA preferred lender, SBA 504
Also lends to consumers
Not yet provided Add it
Website
firstcitizens.com
LinkedIn
Company page

Loan officers at this lender

No loan officers listed yet. Work here? Claim your profile.

More lenders in North Carolina

All of North Carolina
BO
Bank of AmericaListed
Bank of America offers distinct unsecured term loans, unsecured revolving credit and a cash-secured credit-building line. Eligibility and fees differ by product.
BanksBusiness lines of creditTerm loansUnclaimed
Charlotte, NC
Carolina Small Business Development Fund logo
Carolina Small Business Development FundListed
Carolina Small Business Development Fund combines business loans and counseling, with a distinct Mecklenburg County microloan program.
Direct business lendersTerm loansStartup fundingUnclaimed
Raleigh, NC
Commercial Credit Group logo
Commercial Credit GroupListed
Commercial Credit Group finances equipment for industrial businesses and can also refinance equipment or release equity for working capital. Its underwriting emphasizes the operation and asset, with pricing and approval limits set through a tailored proposal.
Equipment lessorsEquipment financingWorking capital loansUnclaimed
Charlotte, NC
DA
Dogwood (a division of TowneBank)Listed
Dogwood now operates as a division of TowneBank. Its small-business lending team offers SBA financing for acquisitions, expansion, franchises and property, alongside conventional business loans.
BanksBusiness acquisition loansCommercial real estate loansUnclaimed
Raleigh, NC
Powered byLevrStanding rises on evidence, never on payment.