Loans

When you are ready to borrow money for your business, First Capital Bank is here to help. Whether you are purchasing real estate or equipment, financing working capital, or obtaining construction financing, our experienced lenders will provide creative banking solutions to help you reach your goals.

Commercial Real Estate Loans

First Capital Bank lenders will make financing simple when you're ready to purchase, refinance, build or renovate commercial real estate.

Term Loans

• To finance, improve or refinance commercial real estate
• Amortizing with monthly payments
• Competitive rates and fees

Construction Loans

• A First Capital Bank Construction loan is a non-revolving line of credit secured by real estate.
• Construction funds are advanced as needed under terms of the Construction Loan Agreement.
• During the term of the loan, you pay monthly interest only on the outstanding balance.
• This type of financing is provided for Office, Industrial, Retail, Multi-family and Residential construction.

Please call us at 804.273.1160 to speak to a Real Estate Lender.

Business Loans

First Capital Bank's team of experienced lenders is dedicated to serving the needs of local businesses and professionals. Our lenders know Central Virginia well and are driven by the simple philosophy... "Where People Matter". Whether you need a Business Line of Credit, Term Loan or both, turn to First Capital for the loans and services that fit your needs.

Business - Revolving Line of Credit

A First Capital Bank Revolving Line of Credit provides your business with flexibility and access to funds to meet short term financing needs.

• Your business can borrow, repay and borrow again up to the original loan commitment amount throughout the life of the loan.
• Interest is paid on the principal balance outstanding.
• The typical term is one year and is renewable subject to review. 
• Lines of Credit are a convenient way to:
  • Take advantage of vendor discounts
  • Finance Receivables
  • Finance Inventory
  • Cover seasonal cash needs 

Business - Term Loan

Meet with a First Capital Bank lender with a high level of business lending expertise, who will take the time to understand your specific business and your borrowing needs.  Customized and competitively priced Business Term Loans are available for the following:

• Equipment purchase
• Facilities purchase
• Business acquisition
• Debt refinance

Business Loans for Legal, Accounting, Medical and Other Professionals

First Capital Bank Private Client Group lenders understand that you, as a medical, legal, accounting or other professional, have unique banking needs. Whether you are soon to be out of medical or law school, establishing your first practice, acquiring or expanding an existing practice, or investing in equipment or real estate for your well established practice, First Capital Bank is here to help. Our experienced Private Client Group is the steady, experienced and strong banking partner that will work with you to achieve your financial goals. Knowing that your time is at a premium, our products and services are designed to make your life simpler and your practice run smoothly.

• Lines of Credit 
• Real Estate Loans
• Equipment Loans

For more information, please call our Private Client Group located at the James Center in downtown Richmond - 804.644.2340 or at our Corporate Offices in Innsbrook - 804.273.9310

SBA Loans  

The Small Business Administration (SBA) loan programs are available to help small businesses, which may not otherwise qualify for traditional bank financing, to obtain quality loans with more flexible terms. SBA loans are government guaranteed loans to businesses for the following purposes: the purchase of fixed assets, working capital needs, financing of start-up, or the purchase of an existing business.

SBA 7(a) Loan

• Available to 'for profit' businesses that qualify as 'small' under SBA size standards and which cannot borrow on reasonable terms without SBA help
• Purpose: Purchase of fixed assets, working capital or to finance start-ups or the purchase of an existing business
• Maximum loan amount: $2,000,000
• General requirement for owner to inject 25% to 33% of the total assets for new business start-up
• For additional information:   www.sba.gov  

SBA - PATRIOT EXPRESS

• Available to Veterans, Reservists, National Guard members and their spouses;
• Purpose: Purchase of fixed assets, working capital or to finance start-ups or the purchase of an existing business;
• Maximum Loan Amount: $500,000.
• For additional information:  www.sba.gov

SBA EXPRESS

• Available to 'for profit' businesses that qualify as 'small' under SBA size standards and which cannot borrow on reasonable terms without SBA help.
• Purpose: Purchase of fixed assets, working capital lines of credit, or to finance start-ups or the purchase of an existing business;
• Maximum Loan Amount: $350,000.
• For additional information:  www.sba.gov 

CERTIFIED DEVELOPMENT COMPANY LOANS (504)

• Available to 'for profit' businesses with a maximum net worth of $8.5 million and maximum average net income (after taxes for the preceding two completed fiscal years) of $3 million.
• Purpose: Purchase of fixed assets only.
• Maximum maturity: 10 years for equipment; 20 years for real estate.
• For additional information: www.sba.gov