Go Back
Report Abuse

Northwestern Bank, National Association

photo-700.jpg
photo-700.jpg

Description

Northwestern Bank, National Association 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, the bank provides various SBA loan options, including the popular 7(a) program, to help clients secure funding with favorable terms. Located in Dilworth, Minnesota, this bank specializes in supporting local businesses and has a strong track record of approving loans up to $151,700, demonstrating its commitment to fostering regional economic development. Their experienced lending team guides borrowers through the application process, ensuring clarity and efficiency. Whether you’re looking to finance real estate, equipment, or working capital, Northwestern Bank provides flexible solutions designed to meet diverse business needs. The bank’s commitment to community growth and financial stability makes it a trusted partner for entrepreneurs and established companies alike. Their expertise in SBA lending, combined with a customer-centric approach, helps clients achieve their business ambitions with confidence.

Location

There are no reviews yet.

Q&A

Lender Type
Commercial Bank
Google Rating
3.9
Google Review Count
12
Question 1
What is this place and what can I find here?
Answer 1
This is a financial institution offering SBA loan programs and personalized business financing solutions to help entrepreneurs grow and succeed.
Question 2
Do I need an appointment or can I walk in?
Answer 2
It"s recommended to schedule an appointment to ensure dedicated service, but walk-ins may be accommodated depending on availability.
Question 3
What are the hours of operation?
Answer 3
Typically, the bank operates from 9 AM to 5 PM, Monday through Friday, but it"s best to contact them directly for specific hours.
Question 4
Is there a fee to use this?
Answer 4
There may be application and closing fees associated with SBA loans, but details vary based on the specific loan product.
Question 5
Who is this open to — anyone, or only residents/members?
Answer 5
This bank primarily serves local businesses and residents in Minnesota, but eligibility depends on meeting 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 around 640 is generally preferred, though other financial factors are also considered.
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 application and completeness of documentation.
Scroll to Top