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Posted on: June 5, 2024 by First State Bank Nebraska in Ag
Navigating Generational Shifts: Transition Planning on Farms
Transitioning a farm from one generation to the next is a complex process fraught with challenges. Whether it involves bringing a child back to the farm or planning for succession, there...
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Tags: Farm Service Agency, Farmers, Generational transition, Nebraska Investment Finance Authority, Small Business Administration, Transition planning
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Posted on: December 29, 2023 by First State Bank Nebraska in Business
First State Bank Nebraska Achieves Top 5 Rankings in Six Key Categories by the Small Business Administration
First State Bank Nebraska, who prides itself on being dedicated to supporting small businesses, has earned recognition from the Small Business...
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Tags: Entrepreneur, Part of Your Community, SBA Lender, Small Business Administration, Top 5
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Posted on: May 31, 2023 by First State Bank Nebraska in Business
How to Fund a Small Business
According to Forbes, there are about 33.2 million small businesses up and running in the U.S. right now, and they all got their start somehow. Raising enough funds is an important factor to get your small business up and...
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Tags: Business loan, Credit card, Economy, Entrepreneur, Government programs, Loan, Savings account, SBA loans, Small business, Small Business Administration
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Posted on: June 27, 2022 by First State Bank Nebraska in Salt Creek
Financing Options For Making An Equity Purchase In A Financial Advisory Practice
Financing options have improved for financial advisors over the past few years. This greater access to capital solutions allows advisors of every age and experience level...
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Tags: equity purchase, financial advisor practice, Financing, SBA, Small Business Administration, stock purchase
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Posted on: June 27, 2022 by First State Bank Nebraska in Salt Creek
Advisor Loans: SBA Versus Conventional Loan Programs
In years past advisors had to rely on personal assets, cash, and seller financing to buy equity or fund growth initiatives. Now financial advisors have greater access to capital through a variety...
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Tags: advisor, conventional loans, loan program, preferred lending partner, Small Business Administration
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Posted on: June 27, 2022 by First State Bank Nebraska in Salt Creek
What We Do and How We Can Help
At Salt Creek, we are dedicated to helping financial advisors and RIAs expand their firms with efficient access to capital. It’s our goal to help you grow your firm. We exclusively serve financial advisors and we...
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Tags: acquisition, assets, base rate, borrower, Business loan, capital, cash flow, collateral, credit history, expand
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Posted on: May 10, 2022 by First State Bank Nebraska in Salt Creek
How Working with An SBA Preferred Lending Partner Improves the Lending Process
When applying for a business loan, you want to take advantage of every opportunity to speed up and streamline the lending process so your business can get the funds it needs...
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Tags: borrower, key documents, lending process, preferred lending partner, SBA, Small Business Administration
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Posted on: April 26, 2022 by First State Bank Nebraska in Salt Creek
More Skin in the Game: The SBA’s Proposal to Reinstate the Personal Liquidity Test
Lending regulations are constantly changing, especially those that apply to SBA backed loan products. Earlier this year the SBA instituted a new version of their...
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Tags: advisor, Guaranty, Personal liquidity rule, Personal Liquidity Test, SBA, Small Business Administration
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Posted on: April 26, 2022 by First State Bank Nebraska in Salt Creek
SBA Franchise Directory Listing for Broker/Dealers
Is your Broker/Dealer on the SBA Franchise Directory? They need to be for SBA lending.
Considering an SBA loan to help grow your financial advisor practice? If you operate under any type of signed...
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Tags: Broker-dealer, loan process, SBA, SBA Franchise Directory, Small Business Administration
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Posted on: April 26, 2022 by First State Bank Nebraska in Salt Creek
Tax Time: What’s Needed For Lending
We wanted to take some time to clarify what details you will need to provide a lender for financial analysis for your financial advisor loan. As is normal with tax topics, this is pretty dry material. But we...
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Tags: Guidelines, Lender, loan advisor, SBA, Small Business Administration, tax return