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The Bank of Edison

The Bank of Edison
The Bank of Edison

Description

The Bank of Edison offers comprehensive SBA lending services tailored to small businesses seeking financial support for growth, expansion, or operational needs. With a focus on personalized service, the bank provides SBA 7(a) loans, which are ideal for a variety of purposes including working capital, equipment purchase, and real estate acquisition. Their experienced lending team guides clients through the application process, ensuring clarity and efficiency. The bank’s commitment to community development and small business success is reflected in their flexible lending options and attentive customer service. Located in Edison, Georgia, they serve local entrepreneurs and business owners, helping them access the capital necessary to thrive in competitive markets. The bank’s SBA program history demonstrates a strong track record of supporting small business ambitions with approval amounts reaching up to $693,500. Whether you’re a startup or an established enterprise, The Bank of Edison aims to facilitate your business goals with tailored financial solutions.

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Q&A

Lender Type
Commercial Bank
Google Rating
3.1
Google Review Count
11
Question 1
What is this place and what can I find here?
Answer 1
This is a local bank offering SBA loan programs to small businesses, providing financing options and personalized support to help your business grow.
Question 2
Do I need an appointment or can I walk in?
Answer 2
It"s best to schedule an appointment to ensure dedicated time with a loan officer, but walk-ins may be accommodated depending on availability.
Question 3
What are the hours of operation?
Answer 3
The bank is typically open from 9 AM to 5 PM, Monday through Friday, but it"s advisable to call ahead for specific hours or appointments.
Question 4
Is there a fee to use this?
Answer 4
There are no fees to visit or inquire; however, loan processing and application fees may apply depending on the loan terms.
Question 5
Who is this open to — anyone, or only residents/members?
Answer 5
This bank primarily serves local residents and small business owners within the community, but eligibility depends on 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 required, though stronger scores improve approval chances.
Question 7
How long does the traditional underwriting process take from start to close?
Answer 7
The process typically takes between 30 to 60 days, depending on the complexity of the application and completeness of documentation.
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