First Federal Bank Blog

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.

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:

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.

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.

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.

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.

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.

In 2020, digital advertising is a multi-billion-dollar industry where you have to spend money to get the exposure you need.

In the 21st century, digital technology offers many new ways to save money that extend beyond the usual store sales and coupon-clipping. Numerous apps now let you pinch pennies on your terms from the convenience of your palm. Tap into these deal-filled apps to get the best price when shopping.

No matter what your plans are for your life, you don’t want money to get in the way of achieving your goals. Consider investing your money during each stage of your life to make your aspirations more attainable.