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Navigant CU

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Description

Providing comprehensive financial services, this SBA lender specializes in supporting small businesses with a range of loan options tailored to meet diverse needs. Whether you’re seeking funding for expansion, equipment, or working capital, they offer personalized solutions to help your business grow. Their expertise includes SBA 7(a) loans, which are ideal for a variety of business purposes, and they are committed to guiding clients through the application process with clear advice and support. Located in Smithfield, RI, they serve local entrepreneurs and small business owners, emphasizing personalized service and flexible financing options. The institution prides itself on its community-oriented approach, understanding the unique challenges faced by small businesses in the region. Their team of experienced lenders works closely with clients to identify the best financing strategies, ensuring a smooth and efficient approval process. With a focus on building long-term relationships, they aim to be a trusted partner in your business journey, offering solutions that align with your growth plans and financial goals. Their commitment to supporting small businesses is reflected in their extensive knowledge of SBA programs and their dedication to customer success.

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Q&A

Lender Type
Commercial Bank
Google Rating
4.4
Google Review Count
226
Question 1
What is this place and what can I find here?
Answer 1
This is an SBA lender offering small business loans, including SBA 7(a) programs, with personalized support to help entrepreneurs secure funding for growth and operations.
Question 2
Do I need an appointment or can I walk in?
Answer 2
It"s recommended to schedule an appointment to ensure dedicated time with a loan officer, but walk-in consultations may be available during business hours.
Question 3
What are the hours of operation?
Answer 3
The office is typically open Monday through Friday from 9 AM to 5 PM, but it"s best to call ahead for specific hours or to schedule an appointment.
Question 4
Is there a fee to use this?
Answer 4
There are no fees to visit or consult; however, loan application fees and closing costs may apply depending on the financing arrangement.
Question 5
Who is this open to — anyone, or only residents/members?
Answer 5
This lender primarily serves small business owners and entrepreneurs in the local and regional area, but eligibility depends on meeting specific loan criteria.
Question 6
What minimum personal credit score does this bank look for in a guarantor?
Answer 6
A minimum personal credit score of approximately 650 is generally preferred, though higher scores improve approval chances.
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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