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Fidelity Bank & Trust

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Description

Fidelity Bank & Trust offers comprehensive SBA lending services tailored to small and medium-sized businesses seeking financial support for growth, expansion, or operational needs. With a focus on the SBA 7(a) program, this institution provides flexible loan options with competitive terms and personalized service to help clients achieve their business goals. Located in Dubuque, IA, the bank specializes in small business financing, including working capital, equipment purchases, and real estate acquisitions, leveraging its strong community presence and banking expertise. Their team works closely with borrowers to understand their unique needs and craft solutions that align with their business plans. Whether you’re a startup or an established enterprise, Fidelity Bank & Trust aims to facilitate your access to capital through SBA-backed loans, ensuring a smooth and efficient process from application to funding. The bank’s commitment to supporting local businesses makes it a reliable partner for entrepreneurs in the region looking for trusted financial guidance and SBA loan programs.

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Q&A

Lender Type
Commercial Bank
Google Rating
5
Google Review Count
4
Question 1
What is this place and what can I find here?
Answer 1
This is a financial institution offering SBA loan programs and small business financing options designed to support local entrepreneurs and business growth.
Question 2
Do I need an appointment or can I walk in?
Answer 2
It"s recommended to schedule an appointment to ensure dedicated service, 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 no fees for simply visiting; fees apply to loan services and financial transactions as per standard banking policies.
Question 5
Who is this open to — anyone, or only residents/members?
Answer 5
This service is open to small business owners and entrepreneurs within the eligible regions and criteria for SBA lending.
Question 6
What minimum personal credit score does this bank look for in a guarantor?
Answer 6
A minimum personal 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 45 days, depending on the completeness of documentation and application specifics.
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