PeoplesSouth Bank
Description
PeoplesSouth Bank offers comprehensive SBA lending solutions designed to support small businesses in their growth and development. With a focus on the 7A loan program, they provide financing options that can help entrepreneurs secure funding for various needs such as working capital, equipment, and expansion projects. Their experienced team is dedicated to guiding clients through the application process and ensuring tailored financial solutions that meet specific business goals. Located in Colquitt, Georgia, they serve local businesses with personalized service and flexible lending options, making them a trusted partner for small business success.
Location
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Q&A
Lender Type
Commercial Bank
Google Rating
3.4
Google Review Count
7
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 looking to grow and expand. You can find assistance with funding, business advice, and personalized support for your financial needs.
Question 2
Do I need an appointment or can I walk in?
Answer 2
It is recommended to schedule an appointment to ensure dedicated time with a loan officer, but walk-ins are also welcome during business hours.
Question 3
What are the hours of operation?
Answer 3
The bank operates Monday through Friday from 9:00 AM to 5:00 PM.
Question 4
Is there a fee to use this?
Answer 4
There are fees associated with loan applications and processing, which vary depending on the loan type and amount.
Question 5
Who is this open to — anyone, or only residents/members?
Answer 5
This bank primarily serves local residents and small business owners in the Colquitt area, but eligibility depends on meeting 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 typically required for loan approval.
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 the application and supporting documents.