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Adams Bank & Trust

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Description

Adams Bank & Trust offers comprehensive SBA lending services tailored to small and medium-sized businesses seeking financial support for growth, expansion, or operational needs. With a focus on personalized service, this bank provides various SBA loan programs, including the popular 7(a) program, to help clients secure funding with favorable terms and competitive rates. Located in Ogallala, Nebraska, the bank is well-equipped to serve local businesses and understands the regional economic landscape. Their experienced lending team works closely with borrowers to evaluate their needs and guide them through the application process, ensuring a smooth and efficient experience. Whether you’re looking for working capital, equipment financing, or real estate loans, Adams Bank & Trust can assist in structuring a solution that fits your business goals. The bank prides itself on building long-term relationships with clients and supporting the growth of the local community through responsible lending practices. Their commitment to customer service and financial expertise makes them a trusted partner for small business owners in the region.

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Q&A

Lender Type
Commercial Bank
Google Rating
4.3
Google Review Count
15
Question 1
What is this place and what can I find here?
Answer 1
This is a local bank offering SBA loan programs and financial services tailored to small businesses seeking growth capital or operational funding.
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-ins may be accommodated during business hours.
Question 3
What are the hours of operation?
Answer 3
The bank is open from 9:00 AM to 5:00 PM, Monday through Friday.
Question 4
Is there a fee to use this?
Answer 4
There may be application and closing fees associated with SBA loans, which are disclosed during the application process.
Question 5
Who is this open to — anyone, or only residents/members?
Answer 5
This bank primarily serves local residents and small business owners in Nebraska, but offers services to qualifying borrowers outside the immediate area as well.
Question 6
What minimum personal credit score does this bank look for in a guarantor?
Answer 6
A minimum personal credit score of around 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 30 to 45 days, depending on the complexity of the loan and completeness of documentation.
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