Add These Business Newsletters to Your Inbox

June 08, 2020 by First Federal Bank

Want to improve the success of your business? Start by learning from other business owners and market experts. By subscribing to communications from these companies and news outlets, your email inbox will be loaded with tools to give your company a leg up.

Topics: Business Banking, Small Business

What is Business Valuation?

April 30, 2020 by First Federal Bank

A business valuation appraises the monetary value of your company. While a business valuation is an essential part of selling a company, it can be useful even if you aren’t looking to sell your small business. An accurate, up-to-date business valuation can enable you to quickly respond to an unexpected opportunity or setback. For instance, if you...

Topics: Business Banking, Small Business

SBA Works: Serving Small Businesses, One PPP Loan at a Time

April 28, 2020 by First Federal Bank

Honored. Dedicated. Proud.

Topics: Business Banking

Serving Our Small Businesses, One PPP Loan at a Time

April 22, 2020 by First Federal Bank

Honored. Dedicated. Proud.

Topics: Business Banking, Small Business

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. Read this to learn the best options for funding business growth.

Topics: Business Banking, 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: Business Banking, 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: Business Banking

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: Business Banking

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: Business Banking

Finance Options for Opening a Restaurant

January 07, 2020 by First Federal Bank

Whether you have an old family recipe that you feel should be shared with the world or want to try your hand in a growing industry, starting a restaurant is challenging yet rewarding experience. Setting aside the intricacies of creating menus and establishing your brand, you will need significant seed money—The Balance Small Business’s Lorri Mealy...

Topics: Business Banking, Small Business

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