first bank of the lake

925 S Church St, Murfreesboro, TN, 37130  

Our bank is for business owners who cannot get SBA loan from their own bank, and deserve a good rate. We fund niche franchises or concepts low units, large business acquisitions up to 7m and CRE up to $30m in all 50 states. For CRe we fund projections based, ground up construction, Gas Stations, Carwashes, Assisted Living, Self Storage, etc. In 202


FBOL relies of experienced SBA personnel to use guidelines and not strict policy to underwrite SBA loans. The business owners who worked with us knew they had good loan file even though their own bank declined them. FBOL provides loans to tough files and good to great terms for good to great applicants.


LENDING PROFILE

first bank of the lake arranges the following loan types:
  • RESIDENTIAL: Hard Money
  • COMMERCIAL: Hard Money 1st, Hard Money 2nd , Construction , Portfolio
  • LAND: Hard Money , Construction , Portfolio
Lending territories: AK, AL, AR, AS, AZ, CA, CO, CT, DC, DE, FL, FM, GA, GU, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MH, MI, MN, MO, MP, MS, MT, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, PR, PW, RI, SC, SD, TN, TX, UT, VA, VI, VT, WA, WI, WV, WY

Results

Qualifications

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