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First Bank of the Lake Logo
FDIC Digital Sign, using the official FDIC wordmark. This digital sign indicates the deposit institution is backed by the full faith and credit of the US government.
SBA Loan Questions and Answers from the Experts

SBA Loan Questions and Answers from the Experts

SBA Loan FAQ and Answers Securing funding for your business can be challenging, but an SBA loan could be the solution you’re looking for. Did you know that in 2024 alone, the SBA’s total capital impact amounted to $56 billion, which includes all financing across...
What Are the Most Common Franchised Industries?

What Are the Most Common Franchised Industries?

Franchise Businesses Are an Excellent Gateway For Entrepreneurs Starting your own business from scratch can be daunting if you lack experience or know-how. If you’ve been thinking about striking out on your own, a great way to get your feet wet is by becoming a...
Should You Buy a Franchise?

Should You Buy a Franchise?

Weighing the Benefits and Challenges of Franchise Ownership It might seem like buying a franchise associated with an established brand and business is the fast track to financial independence. But becoming a franchise owner is every bit as involved as starting your...