Supporting Small Business Success: Celebrating Labor Day with First Bank of the Lake

As summer winds down, Labor Day offers a welcome opportunity to unwind, spend quality time with loved ones, and enjoy the last of the season’s barbecues. Yet, Labor Day is more than just a day of rest; it's a meaningful celebration of the hard work and dedication of workers who have shaped our nation. This day honors their contributions and the vital role they continue to play in building our communities.

Did you know…

Labor Day, was first celebrated on September 5, 1882, in New York City, and marks a significant milestone in American history. Organized by the Central Labor Union, this day was born from the labor movement’s fight during the Industrial Revolution for better wages, reasonable hours, and safer working conditions. Their efforts culminated in the establishment of Labor Day as a national holiday in 1894, signed into law by President Grover Cleveland.

This day honors the hardworking individuals whose contributions have built our nation. From the early struggles of workers demanding fair treatment to the present day, Labor Day serves as a reminder of the progress we've made and the ongoing importance of supporting the people who power our economy. At First Bank of the Lake, we recognize that small businesses and their employees are essential to our nation’s strength and growth.

Today, as we celebrate Labor Day, by paying tribute to the achievements of American workers we reaffirm our commitment to supporting small businesses. At First Bank of the Lake, we understand the crucial role small businesses play in driving economic growth and creating jobs. We are proud to support entrepreneurs and small business owners through our partnership with the Small Business Administration (SBA).

SBA financing offers unique advantages to small businesses, including lower down payments, longer repayment terms, and competitive interest rates. These loans can be a game-changer, whether you’re looking to start a new business, expand your operations, or purchase equipment. Our team of experienced SBA lenders are dedicated to helping you navigate the complexities of SBA financing, ensuring you find the right solution tailored to your business needs.

Why Choose First Bank of the Lake?

Choosing the right financial partner is essential for the success of your business. First Bank of the Lake stands out because we are not just lenders—we’re your partners in growth. Our deep expertise in SBA lending, combined with personalized service, ensures that you receive the support and guidance needed to achieve your business goals.

As we celebrate Labor Day, we’re reminded of the importance of hard work and dedication—the very qualities that drive small businesses to thrive. At First Bank of the Lake, we’re here to support your journey, every step of the way.

If you’re considering SBA financing or want to learn more about how we can help your business succeed, don’t hesitate to reach out. Let’s work together to build a brighter future for your business and our community.

Happy Labor Day from all of us at First Bank of the Lake!