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Langley FCU

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Description

Offering comprehensive banking services tailored for small businesses and entrepreneurs, this financial institution provides SBA loan options to help grow and sustain your business. With a focus on supporting local economic development, it offers flexible lending solutions including SBA 7(a) loans, which are ideal for working capital, equipment purchases, and expansion projects. The bank’s experienced team guides clients through the application process, ensuring a smooth experience from start to finish. Located in Newport News, VA, it serves a diverse clientele with personalized service and competitive rates. Whether you’re a startup or an established business, this lender is committed to helping you achieve your financial goals through tailored SBA lending programs and expert advice. The institution also offers additional financial products to support your business needs, including deposit accounts and cash management services, all designed to foster long-term growth and success.

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Q&A

Lender Type
Commercial Bank
Google Rating
3.9
Google Review Count
128
Question 1
What is this place and what can I find here?
Answer 1
This is a commercial bank offering SBA loan programs, business banking services, and financial guidance to small businesses and entrepreneurs in the Newport News area.
Question 2
Do I need an appointment or can I walk in?
Answer 2
You can walk in during business hours or schedule an appointment for personalized service and assistance with your SBA loan application.
Question 3
What are the hours of operation?
Answer 3
The bank is open Monday through Friday from 9 am to 5 pm, with additional hours by appointment.
Question 4
Is there a fee to use this?
Answer 4
There may be application and service fees associated with SBA loans, but consultation and basic banking services are generally free of charge.
Question 5
Who is this open to — anyone, or only residents/members?
Answer 5
This bank primarily serves small business owners and residents in the Newport News area, but offers services to qualified applicants nationwide for SBA loans.
Question 6
What minimum personal credit score does this bank look for in a guarantor?
Answer 6
A minimum credit score of 620 is generally required for SBA loan guarantors.
Question 7
How long does the traditional underwriting process take from start to close?
Answer 7
The underwriting process typically takes between 30 to 60 days, depending on the complexity of the application and completeness of documentation.
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