Mobile Navigation Find a Location First Federal Lakewood, navigate to home utility navigation LOG IN primary site navigation Business Loans Home Business Loans Whatever the size of your company, a business loan can provide you with the reliable working capital you need to: Make an acquisition. Hire employees. Buy or lease equipment. Expand your offices. And more. From term loans and business lines of credit to SBA and commercial real estate loans, different lending solutions can help you finance all phases of your company’s growth. How Business Loans Work Understanding how business loans work can help you feel prepared when you apply for your loan — and even get you more favorable interest rates. Choosing a Business Loan The first step is selecting the type of business loan you want to use. First, you’ll meet with your banking team to discuss your reasons for needing a business loan and the different types of business loans that may be a good fit. They’ll also review the criteria for securing a loan and work closely with you throughout the lending process. For these reasons, you should choose a bank with an experienced financial advisory team that understands your business needs. Types of Business Loans Lenders like First Federal Lakewood offer multiple types of business loans to fund your growth. These can include: Term loans to buy equipment, acquire assets and more. Small Business Administration (SBA) loans to grow your small business or start-up. Business lines of credit to secure flexible business funding. Commercial real estate loans to acquire, build or develop a commercial investment property. Owner-occupied real estate loans to finance office, warehouse or commercial space for your company. VIEW BUSINESS LOANS > Applying for a Business Loan Depending on the type of business loan you need, your bank will ask for documents to support your loan application. These range from credit history information to financial statements and cash flow projections. Having a knowledgeable financial advisory team is a major asset in helping prepare your loan application and meet all necessary criteria. Repaying a Business Loan For most business loans, repayment typically involves paying the monthly interest on your balance and a set monthly payment. Increasing your monthly payment can help you reduce the amount of interest you pay overall — and pay off your loan faster. Use our loan repayment calculator to find out how long it will take to pay off your business loan. Comparing Types of Business Loans Different types of business loans have different criteria that borrowers must meet. Loans for Small Businesses & Entrepreneurs Various loan types are designed specifically to support local businesses at affordable rates. Small Business Administration (SBA) Loans SBA loans provide essential funding for start-ups and small businesses that meet certain qualifications. These loans are backed by the Small Business Administration, a government agency that connects entrepreneurs with lenders to help drive growth. While SBA loans usually require a large amount of documentation, they come with lower interest rates and reasonable monthly payments. READ ABOUT SBA LOANS > Business Lines of Credit Business lines of credit often have more flexible repayment terms than traditional term business loans, including interest-only payments. Use our Business Loan & Lines of Credit Comparison Tool to see the differences in your estimated monthly payments, interest owed and payoff schedules. Commercial Real Estate Lending Specialized commercial real estate loan options can help you get reliable financing for your next investment. Types of commercial real estate loans can include: Acquisition and development (A&D) loans. Acquisition loans. Construction loans. Permanent and mini-perm loans. Bridge loans. Lines of credit. If your company is looking for space to grow, our commercial real estate lending platform also includes owner-occupied real estate loans to help you expand your footprint — whether you’re buying a new office or warehouse or adding onto your existing space. EXPLORE COMMERCIAL REAL ESTATE LENDING > Start Your Business Loan Application Visit Us Today First Federal Lakewood’s business banking team can guide your business through the process of choosing a business loan — and help the application process go smoothly. Schedule your business loan consultation at a branch near you. FIND A LOCATION > Business Loan Resources Get more insight into how business loans work with the tips and tools below — or browse our financial advice blog for expert advice on a variety of business finance topics. Tools & Calculators Calculate a Business Loan Payment Projecting Your Cash Flow Financial Ratio Analysis Business Loan or Line of Credit? Articles Choosing the Right Name for Your Business Account Extending Credit To Your Customers Using Credit Cards for Financing Establishing Credit Our Commercial & Business Borrowing Group Meet the people who can help you secure the right loan for any business need. Learn More Scheduling an Appointment - Made Easier Schedule an appointment at your nearest branch. Schedule Appointment Additional Links Meet Our Team Business Online Banking Business Loans How can we help? We're here to help with all your banking needs. 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