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Central State Bank

Central State Bank
Central State Bank

Description

Central State Bank offers comprehensive SBA lending solutions tailored to meet the needs of small businesses seeking financing options for growth, working capital, or acquisitions. With a focus on personalized service, the bank provides SBA 7(a) loans that help entrepreneurs access capital with flexible terms and competitive rates. Their experienced team guides clients through the application process, ensuring clarity and support at every step. Located conveniently in Calera, Alabama, the bank serves local businesses while also supporting regional economic development. Whether you’re a startup or an established enterprise, Central State Bank aims to facilitate your business goals through tailored financial products and dedicated customer service. Their SBA programs are designed to accommodate various industries, with particular strength in sectors like healthcare, retail, and manufacturing. The bank’s commitment to small business success is reflected in their flexible lending criteria and proactive approach to client needs.

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Q&A

Lender Type
Commercial Bank
Google Rating
4.4
Google Review Count
25
Question 1
What is this place and what can I find here?
Answer 1
This is a community-focused bank offering SBA loan programs, business financing, and personalized banking services designed to support small business growth and success.
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 officer, but walk-ins are also welcome during business hours.
Question 3
What are the hours of operation?
Answer 3
The bank operates Monday through Friday from 8:30 AM to 5:00 PM, with additional hours by appointment.
Question 4
Is there a fee to use this?
Answer 4
There are no fees for basic banking services, but loan application and processing fees may apply for financing products.
Question 5
Who is this open to — anyone, or only residents/members?
Answer 5
This bank primarily serves local residents and small businesses within the Alabama region, with some services available to out-of-area clients by appointment.
Question 6
What minimum personal credit score does this bank look for in a guarantor?
Answer 6
A minimum personal credit score of 620 is generally required to qualify for SBA loans.
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 loan and completeness of the application.
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