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Lakeside Bank

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Description

Lakeside Bank offers comprehensive SBA lending services tailored to small and medium-sized businesses seeking financial support for growth and expansion. With a focus on the needs of local entrepreneurs, the bank provides flexible loan options including SBA 7(a) and 504 programs, designed to facilitate business acquisitions, equipment purchases, and working capital needs. Their experienced lending team works closely with clients to understand their unique financial situations and craft solutions that align with their goals. The bank’s commitment to personalized service ensures that borrowers receive guidance throughout the application process, from initial inquiry to loan closing. Located conveniently in Rockwall, TX, Lakeside Bank is dedicated to fostering economic development within the community and beyond. Whether you’re a startup or an established business, their team is ready to assist you in accessing the capital necessary to succeed. They also offer microloans and express lending options for faster funding, making them a versatile partner for various business needs. With a strong reputation for customer service and a thorough understanding of SBA programs, Lakeside Bank is a trusted resource for small business financing in the region.

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Q&A

Lender Type
Commercial Bank
Google Rating
4.9
Google Review Count
11
Question 1
What is this place and what can I find here?
Answer 1
This is a trusted SBA lender offering various loan programs designed to support small business growth. You can find information about financing options, application processes, and personalized assistance to help your business 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 time with a loan officer, but walk-ins may be accommodated during business hours depending on availability.
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 extended hours by appointment upon request.
Question 4
Is there a fee to use this?
Answer 4
There are no fees for initial consultations; however, standard loan application and processing fees may apply depending on the loan type.
Question 5
Who is this open to — anyone, or only residents/members?
Answer 5
This lender primarily serves small businesses within the region, but eligibility is based on creditworthiness and business criteria, not residency alone.
Question 6
What minimum personal credit score does this bank look for in a guarantor?
Answer 6
A minimum personal credit score of 620 is generally required for guarantors seeking SBA-backed loans.
Question 7
How long does the traditional underwriting process take from start to close?
Answer 7
The underwriting process typically takes between 30 to 45 days, depending on the completeness of the application and documentation provided.
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