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BreadRoute Review

First Bank of the Lake

|Commercial Bank|United States
$10,000 to $10+ Million
Loan Amount
650+
Credit Score
$10,000
Monthly Revenue
2 Years
Time in Business

Our First Bank of the Lake Review

4.0/ 5.0How we rate

Our team has deep experience in SBA lending and together we can tailor solutions for your business and guide you down the path to success. We have funded over 2,000 loans for over $1.1 billion, helping SBA borrowers nationwide.

Who Is First Bank of the Lake Best For?

Based on eligibility requirements and available products.

  • Businesses with good (but not perfect) credit
  • Established businesses that qualify for SBA programs
  • Businesses seeking larger financing amounts

Financing Options

USDA Business and Industry
SBA 7(a)
USDA Business & Industry
SBA 504

Eligibility Requirements

Time in Business
2 Years
Minimum Credit Score
650
Minimum Monthly Revenue
$10,000

Quick Overview

Loan Amount$10,000 to $10+ Million
GeographyUnited States
DoughRating
Products4

First Bank of the Lake Pros & Cons

Pros

  • Lends nationwide
  • High loan amounts available
  • Wide range of financing products

Cons

  • Requires $10,000+ in monthly revenue
  • Requires 2 Years in business

Frequently Asked Questions

First Bank of the Lake offers financing in the range of $10,000 to $10+ Million.

First Bank of the Lake typically requires a minimum credit score of 650. Businesses with scores above this threshold are more likely to qualify for favorable terms.

First Bank of the Lake offers the following financing products: USDA Business and Industry, SBA 7(a), USDA Business & Industry, SBA 504.

First Bank of the Lake requires a minimum of 2 Years in business. Newer businesses may want to explore alternative lenders with lower seasoning requirements.

First Bank of the Lake provides financing to businesses across the United States.

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First Bank of the Lake Review (2026) | USDA Business and Industry Lender | BreadRoute