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Verve, a Credit Union

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Description

Verve, a Credit Union, offers a range of financial services tailored to small businesses seeking SBA-backed loans. With a focus on supporting local entrepreneurs, this institution provides accessible funding options that help businesses grow and expand. Their SBA program history includes successful support through the 7A loan program, which is ideal for working capital, equipment purchases, and business expansion needs. The credit union emphasizes personalized service and flexible lending criteria to assist small business owners in achieving their goals. Located at 2900 Universal St in Oshkosh, WI, they serve the local community with a commitment to fostering economic development and financial stability. Their lending offerings include support for various industries, with a strong focus on regional economic sectors, and they are equipped to handle loan amounts up to $150,000, making them a practical choice for many small business needs. Whether you’re just starting out or looking to expand, Verve Credit Union provides the financial tools and expertise to help you succeed.

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Q&A

Lender Type
Commercial Bank
Google Rating
3.8
Google Review Count
95
Question 1
What is this place and what can I find here?
Answer 1
This is a community-focused credit union offering SBA-backed loans and financial services tailored for small businesses seeking growth capital and expansion support.
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
Typically, they operate from 9 am to 5 pm, Monday through Friday, but it"s best to check ahead for specific hours.
Question 4
Is there a fee to use this?
Answer 4
There may be fees associated with certain loan services or account maintenance, but initial consultations are usually free.
Question 5
Who is this open to — anyone, or only residents/members?
Answer 5
Membership is generally open to residents of the Oshkosh area and small business owners within the community.
Question 6
What minimum personal credit score does this bank look for in a guarantor?
Answer 6
A minimum personal credit score of around 650 is typically required, but this can vary based on the loan specifics.
Question 7
How long does the traditional underwriting process take from start to close?
Answer 7
The underwriting process usually takes about 2 to 4 weeks, depending on the completeness of your application and documentation.
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