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Oregon Pacific Banking Company dba Oregon Pacific Bank

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Description

Offering comprehensive SBA lending services, Oregon Pacific Banking Company specializes in supporting small businesses through various loan programs. With a focus on the Oregon region, they provide tailored financial solutions to help entrepreneurs grow and succeed. Their expertise includes SBA 7(a) loans, which are ideal for business acquisitions, working capital, and equipment purchases, with approval amounts reaching up to $180,000. The bank emphasizes personalized service and flexible terms, making them a reliable partner for small business owners seeking funding options. They also support SBA 504 loans, catering to real estate and large equipment investments, and offer quick access to capital through SBA Express programs. Their microloan offerings assist startups and small businesses needing smaller amounts of funding, fostering local economic development. Located at 1365 Hwy 101 in Florence, they serve clients across the state, with a commitment to helping local businesses thrive.

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Q&A

Lender Type
Commercial Bank
Google Rating
4.3
Google Review Count
32
Question 1
What is this place and what can I find here?
Answer 1
This is a local SBA lender offering small business loans, including 7(a), 504, and microloans, to help entrepreneurs grow and succeed in Oregon. You can find personalized support and guidance throughout the loan process.
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 specialist, 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 9:00 AM to 5:00 PM, with appointments available outside these hours upon request.
Question 4
Is there a fee to use this?
Answer 4
There are no fees for simply visiting or consulting; fees apply only when initiating loan applications or related services.
Question 5
Who is this open to — anyone, or only residents/members?
Answer 5
This bank primarily serves small businesses and entrepreneurs within Oregon, but some services may be available to out-of-state clients based on eligibility.
Question 6
What minimum personal credit score does this bank look for in a guarantor?
Answer 6
A minimum personal credit score of 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 2 to 4 weeks, depending on the complexity of the loan and completeness of documentation.
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