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Trustco Bank

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Description

Trustco Bank offers comprehensive SBA lending services tailored to small businesses seeking financial growth. With a focus on supporting local entrepreneurs, the bank provides various loan options including SBA 7(a) loans, which are ideal for funding working capital, equipment, or expansion projects. Their experienced team guides clients through the application process, ensuring a smooth experience from start to finish. The bank’s commitment to personalized service means that each borrower receives attention suited to their unique needs, helping them access the capital necessary to thrive. Whether you’re a startup or an established business, Trustco Bank’s SBA programs are designed to facilitate your growth and success.

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Q&A

Lender Type
Commercial Bank
Google Rating
4.5
Google Review Count
71
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 for small businesses looking to grow and expand.
Question 2
Do I need an appointment or can I walk in?
Answer 2
It"s recommended to schedule an appointment, but walk-ins are also welcome during business hours.
Question 3
What are the hours of operation?
Answer 3
The bank operates from 9:00 AM to 5:00 PM, Monday through Friday.
Question 4
Is there a fee to use this?
Answer 4
There are no fees to access basic banking services; specific loan fees apply 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 the region.
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 required for loan consideration.
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 loan complexity.
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