A rock climbing gym recently used a $1.79 million SBA 504 loan to refinance debt and purchase equipment. SBA 504 financing can help established businesses address eligible fixed-asset needs while providing a structure designed for longer-term investments. First Bank of the Lake brings experienced SBA lending support to help business owners navigate the financing process.
Learn more about equipment financing: https://t.co/MkCuFQeKUG
#SBA504 #EquipmentFinancing #FirstBankoftheLake
This drop-in childcare startup is moving toward opening with a $780,000 SBA 7(a) loan for construction and working capital. For a new business, SBA financing can help bring buildout expenses and working capital together in one financing structure. First Bank of the Lake provides experienced guidance to help business owners navigate SBA construction financing from the early stages through closing.
Learn more: https://t.co/ZJlnJPKZcr
#StartupFinancing #SBALending #FirstBankoftheLake
Want a strong rate without locking up your money for years? Our 7-month CD is earning 4.55% APY*, a great return with a fraction of the commitment.
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For this offshore oil and gas company, moving forward required a significant investment in the equipment behind its operations. A $25 million USDA loan helped make that investment possible, providing financing for both equipment purchase and refurbishment. With First Bank of the Lake as an experienced lending partner, the business had a team to help navigate the USDA financing process and bring the pieces together.
Learn more about USDA financing: https://t.co/qYaJpW3yG6
#USDALoans #EquipmentFinancing #FirstBankoftheLake
This early education franchise is moving toward opening with a $4 million SBA 7(a) loan for construction and working capital. SBA financing can help bring multiple startup needs together with longer repayment terms and added flexibility. First Bank of the Lake provides experienced guidance to help business owners navigate the details behind financing a new venture.
Learn more: https://t.co/vTwjO4LTwn
#SBA7a #BusinessStartup #FirstBankoftheLake
For this veteran business owner, the next chapter is a healthy quick-service franchise of their own. A $1.2 million SBA 7(a) loan is helping turn that startup plan into a new business, with the flexibility SBA financing can bring to a franchise transaction. First Bank of the Lake is proud to provide experienced guidance as veteran entrepreneurs take their next step in business ownership.
Learn more: https://t.co/tfTrRNBLO0
#VeteranOwnedBusiness #FranchiseFinancing #FirstBankoftheLake
Want to lock in our best CD rate? Letโs talk about our 20-month CD.
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๐ Todayโs the day! Join us at First Bank of the Lake for our Customer Appreciation Open House, in partnership with the Fall Festival Farmerโs Market!
๐4558 Osage Beach Pkwy, Osage Beach, MO, 9:30 AM-12:30PM
โ Goodie bags for the first 50 guests
โ Muffins, cookies and other sweet treats
โ Music & festive fun
โฐ Tomorrowโs the day! Join us at First Bank of the Lake for our Customer Appreciation Open House, in partnership with the Fall Festival Farmerโs Market!
๐4558 Osage Beach Pkwy, Osage Beach, MO, 9:30 AM-12:30PM
โ Goodie bags for the first 50 guests
โ Muffins, cookies and other sweet treats
โ Music & festive fun
First Bank of the Lake will be closed Monday, October 12 in observance of Columbus Day. As always, you can access your account through Online and Mobile Banking or by visiting our website at https://t.co/I6FKzMOLDB.
๐ Join us at First Bank of the Lake for our Customer Appreciation Open House, in partnership with the Fall Festival Farmerโs Market!
๐ 4558 Osage Beach Pkwy, Osage Beach, MO, 9:30 AM-12:30PM
โ Goodie bags for the first 50
โ Muffins, cookies and other sweet treats
โ Music & festive atmosphere
This indoor golf simulator franchise is moving from concept to startup with a $1.1 million SBA 7(a) loan. The financing provides funds for construction and working capital, two key needs when getting a new location ready for business. First Bank of the Lake works with franchise owners to help navigate SBA financing and the details that come with starting something new.
Learn more: https://t.co/MZqxhw6cjc
#SBA7a #FranchiseStartup #FirstBankoftheLake
This scaffolding company used a $2.97 million SBA 7(a) loan to refinance debt and purchase equipment. By addressing both needs through the transaction, the business could restructure existing obligations while investing in the equipment needed for its operations. First Bank of the Lake provided experienced SBA guidance throughout the financing process.
Learn more: https://t.co/A7iD48LC2i
#SBA7a #EquipmentFinancing #FirstBankoftheLake
A second childcare location called for a financing structure built around the expansion. First Bank of the Lake provided a $2.85 million SBA 7(a) loan alongside $2.24 million in pari passu financing, where participating lenders share equal priority in the collateral. Itโs one way SBA financing can work alongside additional financing to support larger business needs.
Learn more: https://t.co/UkMhiu55JP
#PariPassu #SBA7a #SBALending #FranchiseFinancing #FirstBankoftheLake
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*$1,000 min. deposit. Conditions apply.
Buying a self-storage property? Know what to look for before you move forward. Our Self-Storage Due Diligence Checklist can help you review the property, spot potential concerns, and ask better questions.
Download it: https://t.co/Q2F3ThA2si
#SmallBusiness#SelfStorage
One location became two. This early learning franchise used SBA 7(a) financing to support its next stage of growth, with First Bank of the Lake helping guide the expansion.
Learn More: https://t.co/0vZAFh1Jm6
#FranchiseLoans#SBALoans#SBA7a#FirstBankoftheLake
Heading to college this fall? Tuition, housing, meal plans... how do you actually budget for all of it without running out of money?
We break it down, plus real tips on scholarships, checking accounts, and mobile alerts that catch problems early.
๐ https://t.co/AlNDjbBGvL
Before the first cup gets poured, thereโs a business to build. SBA 7(a) financing helped this new coffee shop franchise cover construction and working capital, with First Bank of the Lake helping guide the start-up.
Learn more: https://t.co/XvUFfoYZfg
#SBA7a#FirstBankoftheLake
If you operate a sawmill or wood-processing facility, TPEP may be worth knowing about. USDAโs program may support eligible projects to establish, reopen, expand, retrofit, or improve facilities using qualifying forest-restoration byproducts.
Learn more: https://t.co/F9p3V8cobe