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Buckeye State Bank

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Description

Offering comprehensive SBA lending options, this financial institution specializes in supporting small businesses through various loan programs designed to foster growth and stability. With a focus on the 7A program, it provides funding solutions for a wide range of business needs, including working capital, equipment purchase, and real estate acquisition. The bank prides itself on personalized service, guiding clients through the application process and ensuring they understand the requirements and benefits of each loan type. Its experienced team is dedicated to helping entrepreneurs navigate the complexities of SBA loans, making it easier to access capital that can propel their businesses forward. Located in Powell, Ohio, the bank serves local businesses while also supporting clients across the region, emphasizing a commitment to community development and economic growth. Whether you’re a startup or an established enterprise, the bank offers tailored financing options to meet your unique needs, backed by a strong understanding of SBA programs and industry expertise.

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Q&A

Lender Type
Commercial Bank
Google Rating
4.6
Google Review Count
73
Question 1
What is this place and what can I find here?
Answer 1
This is a bank that offers SBA loan programs to small businesses, providing funding options and expert guidance to help entrepreneurs grow and succeed.
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 may be accommodated depending on availability.
Question 3
What are the hours of operation?
Answer 3
The bank operates from 9:00 AM to 5:00 PM, Monday through Friday, with special hours by appointment on weekends.
Question 4
Is there a fee to use this?
Answer 4
There are no fees to visit the bank; however, loan processing and origination fees may apply depending on the financing arrangement.
Question 5
Who is this open to — anyone, or only residents/members?
Answer 5
This bank primarily serves small business owners within its regional area, but eligibility is based on the business and borrower qualifications.
Question 6
What minimum personal credit score does this bank look for in a guarantor?
Answer 6
A minimum personal credit score of 640 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 2 to 4 weeks, depending on the completeness of the application and documentation provided.
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