Friday, April 3, 2020

SBA Lending To Meet YOUR Needs

Small businesses may need more help than ever right now, with the current COVID-19 crisis going on. Our Lake of the Ozarks bank knows how important our local small businesses are to our economy and we’re here to help.  Keep reading this week's blog to learn all about some of the benefits your business can receive when you choose SBA loans at First Bank of the Lake. Have any questions? Call our bank in Osage Beach today. We can be reached at (573) 348-2265.


SBA Lending To Meet YOUR Needs


Why Choose First Bank of the Lake for Your SBA Loan?

First Bank of the Lake has a dedicated group of SBA lenders on staff. With this addition to our team, we are able to offer SBA loans at the Lake of the Ozarks for many local up-and-coming business owners. If you would like more information about how our trusted Lake of the Ozarks bank may be able to help you get your business off the ground, give us a call at 573-348-2265. We look forward to hearing from you!

What Specifically About SBA Loans Can Help Your Business?

Several Different Loan Options
SBA loans are not "one-size-fits-all." In fact, there are several different types of these loans you can choose from. Your SBA lender at the Lake of the Ozarks will be able to help you determine which is best for your situation.

Low Down Payments
One of the uses of an SBA loan is to provide much-needed funding to businesses who are trying to get off the ground. Consequently, SBA loans often offer loan down payment options to make them affordable to their target market.

Long Term Financing
SBA loans offer long-term financing, which helps improve cash flow. In most cases, the loan is for a fixed term and will not have a balloon.


Give Your Business The Secret Weapon That It Needs!

SBA 7(a) loans are guaranteed in part by the Small Business Administration, an agency dedicating to supporting small businesses across the United States. The SBA guarantees the loan, but First Bank of the Lake provides the funding for the loan. Because they are specifically geared towards funding small businesses, SBA loans offer several unique benefits designed to give entrepreneurs a competitive edge.

All of us here at First Bank of the Lake hope that you are safe and healthy during this difficult and uncertain time! For more information on SBA loans at the Lake of the Ozarks, please call our loan specialists at (573) 348-2265. Be sure to follow us on our social media channels listed below to stay up to date on our latest announcements.




First Bank of the Lake - Striving For Excellence
Member FDIC. Equal Housing Lender.


Located at the entrance to the Osage Beach Premium Outlets!

4558 Osage Beach Parkway

Suite 100
Osage Beach, MO 65065

(573) 348-2265

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