by First Bank of the Lake | Oct 12, 2024 | SBA Use Cases
Loan Usage Startup Business Loans Use an SBA loan to start and grow your new business Start the Conversation Home » SBA Use Cases » Page 2 Entrepreneurs face costly challenges when starting a new business Starting a business is an exciting adventure, but the financial...
by First Bank of the Lake | Oct 12, 2024 | SBA Use Cases
Loan Usage Search Fund Financing We specialize in search fund financing Start the Conversation Home » SBA Use Cases » Page 2 Search funds searchers can face capital shortfalls and cash flow strains Raising sufficient equity from investors can be difficult,...
by First Bank of the Lake | Oct 12, 2024 | SBA Use Cases
Loan Usage Partner Buyout Loan Find out how to buyout a partner and grow your business Start the Conversation Home » SBA Use Cases » Page 2 Tight liquidity can cause financial hardships when a partner exits Small businesses seeking financing for a partner buyout often...
by First Bank of the Lake | Oct 12, 2024 | SBA Use Cases
Loan Usage M&A Financing We can help finance your next merger or acquisition Start the Conversation Home » SBA Use Cases » Page 2 Mergers can fuel growth, but hidden financial risks can wreck the deal Merging with or acquiring another company is a great way to...
by First Bank of the Lake | Oct 12, 2024 | SBA Use Cases
Loan Usage Location Expansion Learn about how SBA loans can help you expand to other locations Start the Conversation Home » SBA Use Cases » Page 2 Expanding a business offers new opportunities but also introduces major challenges One of the toughest parts of...
by First Bank of the Lake | Oct 12, 2024 | SBA Use Cases
Loan Usage ESOP Financing We are experts at ESOPs and the SBA loans used to finance them Start the Conversation Home » SBA Use Cases » Page 2 ESOPs can be complex and challenging Employee Stock Ownership Plans (ESOPs) offer unique advantages, but they come with...