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EastRise Federal Credit Union

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Description

Offering a range of financial services tailored to small businesses, this institution specializes in SBA lending programs designed to support growth and development. With a focus on small business needs, it provides accessible funding options including SBA 7(a) loans, which are ideal for working capital, equipment purchases, and expansion projects. The institution emphasizes personalized service, guiding clients through the application process to ensure they meet their financial goals efficiently. Whether you’re starting a new venture or expanding an existing business, this lender offers flexible terms and competitive rates to help you succeed. Their experienced team is committed to helping small businesses thrive by providing tailored financial solutions that align with your unique needs. Located in Williston, Vermont, they serve local entrepreneurs and businesses across the region, fostering economic growth and community development.

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Q&A

Lender Type
Commercial Bank
Google Rating
3.2
Google Review Count
106
Question 1
What is this place and what can I find here?
Answer 1
This is a financial institution that offers SBA loan programs and small business financing solutions, helping entrepreneurs access the capital they need to 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 service, but walk-ins are also welcome depending on availability.
Question 3
What are the hours of operation?
Answer 3
Typically, the branch operates from 9 AM to 5 PM, Monday through Friday, but it"s best to confirm by contacting the branch directly.
Question 4
Is there a fee to use this?
Answer 4
There may be application and processing fees associated with loans; specific fee details are provided during the application process.
Question 5
Who is this open to — anyone, or only residents/members?
Answer 5
This institution primarily serves local residents and small business owners within its regional service area, but eligibility criteria apply.
Question 6
What minimum personal credit score does this bank look for in a guarantor?
Answer 6
A minimum personal credit score of around 650 is generally preferred, though other factors also influence approval decisions.
Question 7
How long does the traditional underwriting process take from start to close?
Answer 7
The underwriting process typically takes between 2 to 4 weeks, depending on the complexity of the application and completeness of documentation.
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