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Regions Bank

Regions Bank offers comprehensive SBA lending services tailored to small businesses seeking financial support for growth, expansion, or operational needs. With a focus on small business financing, they provide various SBA loan programs including the popular 7(a) program, which is ideal for working capital, equipment, and real estate purchases. Their experienced team guides clients through the application process, ensuring clarity and efficiency. The bank’s strong approval record, with approvals up to $2,823,000, demonstrates their capacity to support a wide range of business sizes and needs. Located in Birmingham, Alabama, they serve clients across the region with personalized service and flexible financing options. Whether you’re a startup or an established business, Regions Bank’s SBA lending division is equipped to help you achieve your financial goals with tailored solutions and expert guidance.

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Lender Type

Commercial Bank

Google Rating

2.7

Google Review Count

108

Question 1

What is this place and what can I find here?

Answer 1

This is a branch of Regions Bank offering SBA loan services designed to help small businesses secure financing for growth and operational needs. You can find information about their loan programs, application process, and personalized support for your business goals.

Question 2

Do I need an appointment or can I walk in?

Answer 2

It is recommended to schedule an appointment to ensure dedicated time with a loan specialist, but walk-ins may be accommodated depending on availability.

Question 3

What are the hours of operation?

Answer 3

Standard hours are typically Monday through Friday from 9:00 AM to 5:00 PM, but it is best to confirm with the branch directly for specific hours.

Question 4

Is there a fee to use this?

Answer 4

There are no fees for visiting the branch; however, loan application and processing fees may apply depending on the service or loan type.

Question 5

Who is this open to — anyone, or only residents/members?

Answer 5

This branch primarily serves residents and small business owners in the Birmingham area, but SBA loan eligibility is based on business criteria rather than residency alone.

Question 6

What minimum personal credit score does this bank look for in a guarantor?

Answer 6

A minimum personal credit score of around 650 is generally preferred, though specific requirements may vary based on the loan and applicant profile.

Question 7

How long does the traditional underwriting process take from start to close?

Answer 7

The underwriting process typically takes between 30 to 60 days, depending on the complexity of the application and completeness of documentation.

Regions Bank

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