Veterans Financing
You put your Country First. Let us put you 1st!
SBA Loan Programs for Veteran-Owned Businesses
First Bank of the Lake is proud to offer SBA loan programs that assist veterans in acquiring capital to start, grow or succeed in business.
For qualified veteran-owned businesses, First Bank of the Lake will:
- Waive the $2,500 packaging fee for your loan
- Give you one half of one percent towards a lower interest rate
Plus, with First Bank of the Lake you’ll enjoy:
- Expert Advice & Support
- Quick Responses
- Experienced Underwriters & Closers
- Fast Closings
Veteran Small Business Qualifications.
A small business must be at least 51% owned and controlled by an individual or individuals in the following groups:
- Honorably discharged veterans
- Active duty military service member eligible for the military's Transition Assistance Program (TAP)
- Service-disabled veterans
- Reservists and/or active National Guard members
- Current spouse of any veteran, active duty service member, Reservist, National Guard member, or the widowed spouse of a service member who died while in service or as a result of a service-connected disability
Having the right banking partner is essential to your success.
Talk to us about your business and where you want it to go. We can help you get there. Find out what it’s like to work with a bank who puts you first.
All loans are subject to credit approval. Restrictions and limitations may apply. First Bank of the Lake does not provide tax, legal or investment advice. All decisions concerning these matters should be made in conjunction with your professional advisors.
