The demand for Senior Care is on the rise as boomers are entering the next chapter of their lives.
Over 77 million adults will be retiring in the next 20 years and the opportunity to provide the housing and services they need will grow exponentially.
Whether you’re planning on specializing in Alzheimer’s care, opening an adult day care center, acquiring real estate to build a new facility, or buying an existing assisted living facility or home care operation, now is the time to be prepared to meet the growing demand.
First Bank of the Lake has emerged as a leading nationwide SBA preferred lender for the senior care industry. Our specialized lenders put their experience to work delivering the best lending solutions so you can focus on the quality of care and range of services you will ultimately provide this important segment of the population. We share a common goal with you - enhancing the care and well-being of seniors and their families. These reimagined care facilities are not your grandparent’s nursing home!
The increased need for modern equipment and technology, upscale facilities, expanded services and qualified caring providers will put demands on your capital as never before. Our lenders will help you access the right financing options to fund these necessities to provide a positive living experience for seniors. We understand what your business needs and how to help you succeed!
We offer a wide variety of options for real estate loans nationwide, and we’ll help guide you to the right choice for your project.
We’re committed to do our best to accommodate your specific needs.
First Bank of the Lake provides the capital our clients need to succeed.
Commercial Real Estate Acquisition and Refinance
Business Acquisition and Partner Buy-outs
Startup and Expansion
Debt Consolidation and Refinancing
Ground Up Construction and Leasehold Improvements
Plus, with First Bank of the Lake you’ll enjoy:
Some of the features of First Bank of the Lake’s SBA 7(a) program.
Longer terms for cash flow enhancement
Low down payment requirements
Increased liquidity for next opportunity
Streamline underwriting and closing process
From start to finish, we’re here for you!
You’ll have the support of a nationwide SBA preferred lender with an experienced underwriting and closing team. We’re ready to guide you through each transaction.
Due Diligence Process
Business ideas can grow into a thriving company, expand into new markets and take your business to the next level of success.
With decades of experience in SBA financing, we understand the challenges you face. We can help you achieve your goals and stay pointed in the right direction.
Talk to us about your business and where you want 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.
What will you need in order to apply for an SBA loan?