Commercial Loans

Business Loans - man in warehouse

First Federal Bank will work with you to find a loan that is tailored to your business.  Our loans and lines of credit are designed to give you the flexibility you need as a business owner.  Whether you are looking to start a business, expand, purchase more inventory or just manage cash flow, we guarantee we can help.  

Commercial Real Estate Loans

Purchase, refinance or improve property for your business or investment portfolio

  • Investor & Owner Occupied
  • Fixed and floating rates
  • Construction to permanent financing options available


New Construction

Finance a build-out or a brand-new construction project with short-term, interest only payments and refinance into a more permanent arrangement at the end of the development.


Equipment and Term Loans

Expand your business, buy corporate stock or purchase fixed assets like furniture, machinery or other equipment

  • Fixed and variable interest rates
  • Flexible terms
  • Upfront lump sum


Commercial Lines of Credit

Manage your short-term cash flow more efficiently and pay operating or unexpected expenses until accounts receivables are collected 

  • Convenient access to your line of credit
  • Interest-only payments due monthly
  • Flexible collateral options


Small Business Administration (SBA) Loan Programs

7a Loans

  • Finance commercial real estate, renovations, acquisitions, start-ups; purchase a franchise or for operational expenses such as inventory or debt
  • Loan guarantee up to 80%
  • Longer repayment terms and lower down payments
  • Loan amounts up to $5,000,000
  • Terms can be up to 25 years depending upon the request


  • For businesses that wish to finance larger projects such as land or real estate, heavy equipment or major renovations
  • Applicable to new and existing businesses, expansions or acquisitions
  • Long term, fixed financing – 10% required by the borrower; 50% by First Federal Bank and 40% by a community development corporation
  • Up to 20-year terms


  • Used to finance business acquisitions, franchise purchase, working capital and/or equipment
  • May be a term loan or line of credit
  • Loan amounts may not exceed $350,000
  • Credit decisions are made by the bank rather than the SBA


Credit Cards  

  • Pay for daily expenses without tying up working capital
  • Available for unexpected opportunities and expenses