As business activities slow down, lenders shift their focus toward specific aspects when evaluating financing requests. In such times, lenders scrutinize certain items more closely to assess the viability of providing funds. Let's discuss four key factors that business lenders prioritize during the review process. By examining these essential business criteria, lenders aim to make informed decisions that align with the financial stability and growth potential of the businesses they support.

As business activities slow down, lenders shift their focus toward specific aspects when evaluating financing requests. In such times, lenders scrutinize certain items more closely to assess the viability of providing funds. Let's discuss four key factors that business lenders prioritize during the review process. By examining these essential business criteria, lenders aim to make informed decisions that align with the financial stability and growth potential of the businesses they support.

At First Bank of the Lake, we believe small businesses are the cornerstone of our communities and the American Dream. We recognize that helping businesses has the power to transform people’s lives and businesses across the country. Connecting people with financial resources is the spark that ignites innovation, competition, and expansion. That’s why our motto is “We put you first!”

Staying cool amid a summer heat wave is imperative not just for your comfort level, but also for your health. Getting overly hot can lead to dangerous health conditions such as heat stroke, heat exhaustion, heat rash, fainting, and cramps, according to the Centers of Disease Control and Prevention. If you are looking for ways to protect your health and beat the summer heat, consider the following suggestions.

The warmer months are a time for eating outdoors with friends and family, firing up the grill, and devouring fresh and flavorful fruits and veggies. Browsing these six new cookbooks will equip you with all the mouthwatering recipes you need to eat well this summer — and the rest of the year, too.

Whether you’re looking to slim down for summer or simply adopt healthier habits, soda is typically one of the first things that dietary experts recommend cutting from your menu. But routines can be tough to break — so here’s a look at some tasty soda substitutes that can help you get your fix for fizz.

The simple fact of the matter is that if you run a business in 2023, you need some form of digital advertising. It’s a competitive landscape and one that constantly shifts based on consumer trends and perspectives, but you can help keep your business a step ahead of your competitors by leveraging the right platforms.

Are you sick and tired of having debt hanging over your head — yet you can’t seem to get rid of it? You may be making one or many of these common mistakes as you attempt to repay your loans and become debt-free. Any of these missteps will actually impair your ability to eliminate that mountain of debt — whether that’s credit card debt, student loan debt, automotive loan debt, medical debt, or unpaid bills.