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Holy Rosary Credit Union

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Description

Holy Rosary Credit Union offers comprehensive SBA lending services tailored to small businesses seeking financial support for growth, equipment, or working capital. With a focus on personalized service, they assist clients through the SBA 7(a) loan program, providing flexible financing options to meet diverse business needs. Their team is committed to guiding borrowers through the application process, ensuring clarity and support at every step. Located in Kansas City, MO, they serve the local business community with a strong understanding of regional market dynamics. The credit union specializes in small business loans, leveraging SBA programs to help entrepreneurs access the capital they need to succeed. Whether you’re starting a new venture or expanding an existing business, Holy Rosary Credit Union is dedicated to fostering economic development in the region. Their experienced staff works closely with clients to develop tailored financing solutions, making them a reliable partner for small business growth. They also offer support for existing members and new applicants, emphasizing community involvement and financial empowerment. With a history of successful approvals, they are well-equipped to handle loan requests up to $238,500, providing accessible funding options for various business stages and industries.

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Q&A

Lender Type
Commercial Bank
Google Rating
4.2
Google Review Count
41
Question 1
What is this place and what can I find here?
Answer 1
This is a community-focused credit union offering small business loans, including SBA 7(a) financing, to support local entrepreneurs and business growth.
Question 2
Do I need an appointment or can I walk in?
Answer 2
It is recommended to schedule an appointment to ensure dedicated service, but walk-ins are also accommodated based on availability.
Question 3
What are the hours of operation?
Answer 3
Typically, the branch operates from 9 AM to 5 PM, Monday through Friday, but hours may vary, so it"s best to contact ahead.
Question 4
Is there a fee to use this?
Answer 4
There are no fees for basic consultations; however, loan processing and service fees may apply depending on the transaction.
Question 5
Who is this open to — anyone, or only residents/members?
Answer 5
This credit union primarily serves members of the community and affiliated groups, but small business owners can apply for loans if eligible.
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 generally preferred, though other factors are also considered.
Question 7
How long does the traditional underwriting process take from start to close?
Answer 7
The underwriting process typically takes between 2 to 4 weeks, depending on the complexity of the loan and completeness of documentation.
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