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The First National Bank and Trust Company of Broken Arrow

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Description

The First National Bank and Trust Company of Broken Arrow offers comprehensive SBA lending services tailored for small and medium-sized businesses. With a focus on supporting local economic growth, this bank provides various loan options including the SBA 7(a) program, which is ideal for business acquisitions, working capital, and equipment financing. Their experienced team assists clients through every step of the loan process, ensuring a smooth experience from application to funding. Located conveniently in Broken Arrow, OK, they serve a diverse range of industries and are committed to fostering business success in the community. The bank’s expertise in SBA lending allows them to offer competitive terms and flexible financing options, making them a trusted partner for entrepreneurs seeking growth capital. Whether you’re starting a new venture or expanding an existing business, they are equipped to help you achieve your financial goals with personalized service and industry knowledge. Their commitment to supporting local businesses is evident in their dedicated approach to understanding each client’s unique needs and providing tailored solutions. With a history of successful SBA program support, they are well-positioned to assist in securing the funding necessary for your business’s next chapter.

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Q&A

Lender Type
Commercial Bank
Google Rating
4.4
Google Review Count
75
Question 1
What is this place and what can I find here?
Answer 1
This is a local bank offering SBA loan programs and financial services tailored for small businesses, including support for growth, expansion, and equipment financing.
Question 2
Do I need an appointment or can I walk in?
Answer 2
It"s recommended to schedule an appointment to ensure dedicated assistance, but walk-ins are also welcome during business hours.
Question 3
What are the hours of operation?
Answer 3
The bank operates from 9:00 AM to 5:00 PM, Monday through Friday.
Question 4
Is there a fee to use this?
Answer 4
There are fees associated with loan processing and closing, which vary depending on the loan specifics and amount.
Question 5
Who is this open to — anyone, or only residents/members?
Answer 5
This bank primarily serves local residents and small businesses within the region, but eligibility depends on meeting specific 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 640 is generally recommended for guarantors seeking SBA 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 60 days, depending on the complexity of the application and completeness of documentation.
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