Payroll Taxes 101

March 27, 2020 by First Federal Bank

To help you understand your company’s payroll taxes, check out this brief overview of the factors you should consider before you tackle your taxes.

How to Fund Business Growth

March 25, 2020 by First Federal Bank

Whether your startup is already ready to expand, or will sometime in the future, it’s best to be prepared.

Topics: Small Business Lending, Small Business

Celebrating National Ag Day

March 24, 2020 by First Federal Bank

At First Federal Bank, we value the essential role of agriculture in maintaining a strong economy. March 24 is National Ag Day, a day to celebrate and recognize the contribution of agriculture in our everyday lives.

Topics: USDA, Small Business

Funding Your Small Business with Bad Credit

March 23, 2020 by First Federal Bank

A low credit score is a detriment to any individual or business seeking loans, but it doesn’t entirely eliminate your financing options. FICO defines bad credit as a score between 300 and 629. If you fall within that margin, you can still fund your business in a way that gets your score back on track and opens more doors in the future.

Topics: Small Business Lending, Small Business

New information on Keeping Workers Paid and Employed Act

March 20, 2020 by Rob Hughes

We finally have our first glimpse of Congress’s Keeping Workers Paid and Employed Act. What an unusual time to be in SBA lending! I hope that this will pass and become law in the next two to three weeks. Here are the highlights:

Topics: Small Business Lending, SBA Lending, COVID-19

Smart Home Upgrades to Save Money in the Long Run

March 19, 2020 by First Federal Bank

You want your home to be as comfortable, efficient and as beautiful as it can be. However, deciding which home improvement projects or upgrades to invest in can be confusing. These home upgrades will help you save money in the long run.

Topics: Resources, Investing, Home Owners

FDIC warns of scams during time of fear and confusion

March 19, 2020 by First Federal Bank

The COVID-19 pandemic has caused havoc on Wall Street and left many with more questions than answers. The FDIC is now reporting that scammers are using this situation to mislead people into giving their personal information or, in some cases, to send money.

Topics: Fraud Alerts/Scams, News

Properly documenting SBA 7a loan deferments

March 18, 2020 by Rob Hughes

I know many of you have had SBA 7a customers calling and asking for loan deferments. Below is a guide of how to document your loan file.

Topics: Small Business Lending, SBA Lending, COVID-19

Ideas to Increase Your Home's Square Footage

March 17, 2020 by First Federal Bank

There are many ways you can expand your house’s size, so make sure you pick the solution that’s best for your needs and adds the most value.

Topics: Resources, Investing

SBA Works is here to help!

March 17, 2020 by Rob Hughes

There are many SBA developments amid the Coronavirus outbreak and several changes are being made to the SBA loan program. As changes continue to unfold, I will keep you informed.

Topics: Small Business Lending, SBA Lending, COVID-19