Monday, April 22nd, 2019

First Federal named #1 in NE Indiana

Posted: Friday, December 2, 2011

First Federal Savings Bank was recognized as the number one SBA Lender in Northeast Indiana in the most recent issue of the Greater Fort Wayne Business Weekly.  First Federal Savings Bank made SBA loans to businesses totaling $8,634,000 which was 87% higher than the 2nd place institution.  President and CEO, Michael Zahn, states, “As a community bank, we are committed in partnering with small businesses to provide them the capital to succeed and grow.”  Zahn continues, “I’m very proud of our commercial team and their efforts as we continue to provide a funding source to small businesses in northeast Indiana.”  Results were taken from October 2010 to September 2011, covered a 12 county area; and include 7A, 504 and ARC loans.

First Federal Savings Bank is committed to helping small businesses access capital needed to be successful.  First Federal offers a full line of SBA Loan products including:

504 Loans: Purchase fixed assets
7 (a) loans: Finance working capital or fixed assets acquisition up to $5,000,000
Caplines: Seasonal lines, Asset based lines, Contract lines, Builder lines up to $5,000,000
Express Program: Term loans or lines of credit up to $350,000, fast response time from the SBA (within 36-72 hours)

SBA loans assist small businesses access capital, preserve cash, and improve cash flow.

To learn more about whether your business is eligible and how First Federal Savings Bank can help you and your business explore SBA loan opportunities, call Tom Mills at (260) 358-4680.