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The Union Bank Company

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Description

Offering comprehensive SBA lending services, this financial institution specializes in providing small business loans tailored to meet diverse funding needs. Whether you’re seeking capital for expansion, equipment purchase, or working capital, they offer flexible financing options backed by SBA programs. Their experienced team is dedicated to guiding entrepreneurs through the loan process, ensuring clarity and support at every step. With a focus on small businesses, they understand industry-specific challenges and provide solutions that foster growth and stability. Their commitment extends to personalized service, quick approvals, and competitive rates, making them a trusted partner for local and regional businesses. The bank also offers expertise in SBA 7(a) and 504 loan programs, helping clients access the capital necessary for success. Located at 105 Progressive Dr. in Columbus Grove, Ohio, they serve a broad geographic area with a focus on supporting small enterprises across various sectors. Their primary NAICS code, 561730, indicates a specialization in services related to landscaping and groundskeeping, reflecting their diverse client base. With approval amounts reaching up to $108,800, they are equipped to handle small to medium-sized financing needs efficiently and effectively.

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Q&A

Lender Type
Commercial Bank
Google Rating
4.5
Google Review Count
4
Question 1
What is this place and what can I find here?
Answer 1
This is a bank that specializes in SBA lending solutions for small businesses, offering various loan programs to support growth and operational needs. You can find personalized assistance and access to funding options tailored for entrepreneurs and small enterprises.
Question 2
Do I need an appointment or can I walk in?
Answer 2
It"s recommended to schedule an appointment to ensure dedicated time with a loan officer, but walk-ins are also welcome during business hours. Calling ahead can help streamline your visit and prepare necessary documentation.
Question 3
What are the hours of operation?
Answer 3
The bank operates from 9:00 AM to 5:00 PM, Monday through Friday. It"s advisable to check ahead for any special hours or holiday closures.
Question 4
Is there a fee to use this?
Answer 4
There are no fees for simply visiting or consulting; however, loan processing and application fees may apply depending on the specific financing arrangement.
Question 5
Who is this open to — anyone, or only residents/members?
Answer 5
This bank primarily serves small business owners and entrepreneurs within its regional area, but eligibility depends on meeting loan criteria and creditworthiness.
Question 6
What minimum personal credit score does this bank look for in a guarantor?
Answer 6
Typically, a minimum personal credit score of 650 is preferred, though higher scores improve approval chances.
Question 7
How long does the traditional underwriting process take from start to close?
Answer 7
The underwriting process generally takes between 2 to 4 weeks, depending on the completeness of your application and supporting documents.
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