The spa industry is experiencing robust growth, as highlighted by the 2025 ISPA U.S. Spa Industry Study. Key metrics reveal a 5.8% increase in overall revenue, reaching $22.5 billion in 2024. Spa visits rose by 3.1%, totaling 187 million, while the number of spa...
Are you ready to take control of your future by owning your own business? Purchasing a franchise offers a unique opportunity to become an entrepreneur with the safety net of an established brand and proven business model. With countless industries to choose from and...
An SBA loan can be an excellent resource for veterans who have served our country and now seek to buy, open or expand a small business. Designed with armed services in mind, SBA veterans loans provide attractive financing options for purposes such as launching...
Whether you’re launching a startup or expanding your small business empire, an SBA loan can be a game-changer. But navigating the application process can often feel like preparing for a marathon. But don’t worry, at First Bank of the Lake, we’ve guided countless...
Applying for a Small Business Administration (SBA) loan is a significant step in growing your business. Whether you’re launching a new venture or expanding an existing one, a well-structured business plan is crucial to securing the financing you need. At First Bank of...
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