Business Banking
USDA Loans
Affordable Financing Options, Helping to Enpower Rural America
USDA Loans Are a Great Tool for Rural Businesses
We can help you grow a rural business with government-backed loans through the U.S. Department of Agriculture (USDA). Helping businesses thrive is important-and not just in big cities. Find out how easily you can expand your business or buy a business with a low interest USDA loan.
Talk to an USDA Loan Expert Today
We help your business succeed with the capital you need. USDA loans can be used to purchase or expand your business, consolidate debt, purchase equipment, buy real estate or for working capital. Our team has deep experience with USDA business financing, and it all starts with a phone call to one of our USDA loan officers.
Get All Your Questions Answered by One of Our USDA Loan Experts
Real Businesses. Real Success.
Genuinely Interested in Helping My Business Succeed
First Bank of the Lake was a tremendous help in securing a 504 small business loan for my company. Every staff member I interacted with was professional, friendly, and genuinely interested in helping my business succeed.
— Don Kamb
Exceptional Service
I cannot say enough positive things about my experience working with Eric as my SBA loan officer. From start to finish, he provided exceptional service and went above and beyond to ensure that every issue we encountered was resolved quickly and efficiently.
— Bryan Crowe
Feel Like a Partnership
The First Bank of Lake was very responsive to any questions that I had and was easy to work with throughout the process. They definitely made things feel like a partnership. And that has extended to the loan servicing phase as well. I would definitely recommend them, and I have.
— Joe Holland
SBA Loan Faster Than Expected
Stacey was a pleasure to work with! She was very knowledgeable and responsive - helping us close on our SBA loan faster than expected! I would highly recommend working with her.
— Megan Dean
Want to learn more about business loans?
SBA 7a Loan Requirements
Finding the right funding solutions for your small business can be challenging. SBA 7a loans offer low interest rates and fixed-rate or variable-rate options.
SBA 504 Loan Requirements
What are 504 loans? This guide will provide you with an overview on how to get a 504 loan, SBA 504 loan down payment requirements and finding the right SBA 504 loan lenders for your small business needs.
How to Get an SBA Franchise Loan
Are you an entrepreneur looking to start a franchise but need funding to get started? Securing a Small Business Administration loan might be the perfect solution.