Own the business you've always wanted
Secure the funds you need to buy an existing business with low down payments & long terms.
It's easy to get started
Proven expertise backed by industry-leading results
Ranked in the
Top 1%
of SBA lenders nationwide*
Funded Over
+$1.1B
In SBA Loans from
2020-2024
Ranked
Top 5
SBA Franchise Lender*
Funded Over
2000
Loans
Hear it from real business owners
Loan
$3.3MM – 7a Loan
Loan Usage
Purchase Existing Commercial Property, Working Capital
Industry
Mover
Loan
$345K – 7a Loan
Loan Usage
Franchise Expenses, TI/Construction, Working Capital
Industry
Pet Care
Loan
$2.2MM – 7a Loan
Loan Usage
Buyout of Retiring Business Owner, Working Capital
Industry
Sports & Leisure
Let’s Write Your Success Story Together. Our experts are ready to help.
We believe in helping business owners take control of their future. Whether you're ready to purchase an existing business or buy out a business partner, we offer customized financing solutions to fit your needs. Trust us to be your financial partner and secure the capital you need to make your business ownership goals a reality.
As a nationwide SBA Preferred Lender, First Bank of the Lake has the resources and extensive experience and together we can tailor solutions for your business and guide you down the path to success.
Genuinely Interested in Helping My Business Succeed. First Bank of the Lake was a tremendous help in securing a 504 small business loan for my company. Every staff member I interacted with was professional, friendly, and genuinely interested in helping my business succeed.
— Don Kamb
Exceptional Service. I cannot say enough positive things about my experience working with Eric as my SBA loan officer. From start to finish, he provided exceptional service and went above and beyond to ensure that every issue we encountered was resolved quickly and efficiently.
— Bryan Crowe
Feel Like a Partnership. The First Bank of Lake was very responsive to any questions that I had and was easy to work with throughout the process. The definitely made things feel like a partnership. And that has extended to the loan servicing phase as well. I would definitely recommend them, and I have.
— Joe Holland
SBA Loan Faster Than Expected. Stacey was a pleasure to work with! She was very knowledgeable and responsive - helping us close on our SBA loan faster than expected! I would highly recommend working with her.
— Megan Dean
Discover fresh insights and expert advice on business loans in our blog.
Ready to get started?
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.
*Top 1% of SBA 7(a) lenders by approval amount during SBA fiscal year 2023. Top 5 SBA franchise lender by approval count during SBA fiscal years 2024 and 2023.
Approved to offer SBA loan products under SBA's Preferred lenders Program.
