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Adams Community Bank

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Description

Adams Community Bank offers specialized SBA lending services tailored to small businesses seeking financial support for growth and expansion. With a focus on community development, the bank provides various loan options, including SBA 7(a) loans, designed to help entrepreneurs access capital efficiently. Their team works closely with clients to understand their unique needs, offering guidance throughout the loan process. Located in Adams, MA, the bank emphasizes personalized service and local expertise, making it a reliable partner for small business owners in the region. They support businesses across diverse industries, with particular strengths in retail, services, and manufacturing sectors. The bank’s commitment to fostering local economic growth is reflected in their flexible financing options and dedicated customer support. Whether you’re starting a new venture or expanding an existing one, Adams Community Bank aims to facilitate your business success with tailored financial solutions and expert advice.

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Q&A

Lender Type
Commercial Bank
Google Rating
4
Google Review Count
10
Question 1
What is this place and what can I find here?
Answer 1
This is Adams Community Bank, where you can find personalized banking and SBA loan services designed to support small businesses in the community. They offer expert guidance on financing options, including SBA 7(a) loans, to help entrepreneurs grow and succeed locally.
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 during business hours. Contact the branch ahead of time for specific availability and to discuss your needs.
Question 3
What are the hours of operation?
Answer 3
The branch operates Monday through Friday from 9:00 AM to 4:30 PM. Hours may vary on holidays or special occasions, so it"s best to call ahead for confirmation.
Question 4
Is there a fee to use this?
Answer 4
There are no fees for visiting the bank, but loan applications and services may involve specific charges such as application or processing fees. These details are discussed during your consultation.
Question 5
Who is this open to — anyone, or only residents/members?
Answer 5
The bank primarily serves local residents and small business owners in the Adams area, but they also welcome clients from surrounding communities seeking SBA financing.
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 the actual requirement may vary based on the specific loan and applicant profile.
Question 7
How long does the traditional underwriting process take from start to close?
Answer 7
Typically, the underwriting process takes about 30 to 45 days, depending on the complexity of the loan and completeness of the application.
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