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Peach State Federal Credit Union

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Description

Peach State Federal Credit Union offers comprehensive SBA lending options tailored to meet the needs of small businesses seeking financing solutions. With a focus on supporting local entrepreneurs, this credit union provides SBA 7(a) loans that facilitate business expansion, equipment purchases, and working capital needs. Their experienced team guides clients through the application process, ensuring a smooth experience from start to finish. The institution emphasizes personalized service and flexible terms, making it an ideal partner for small business owners looking for reliable funding sources. Whether you’re a startup or an established enterprise, they aim to help you achieve your growth objectives efficiently and effectively.

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Q&A

Lender Type
Commercial Bank
Google Rating
3.4
Google Review Count
78
Question 1
What is this place and what can I find here?
Answer 1
This is a financial institution offering SBA loan programs, including 7(a) loans, to support small business growth. You can find assistance with business financing, application guidance, and personalized service tailored to your needs.
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 may be accommodated depending on availability.
Question 3
What are the hours of operation?
Answer 3
Typically, the branch operates from 9:00 AM to 5:00 PM, Monday through Friday, but it"s best to confirm directly with the branch for current hours.
Question 4
Is there a fee to use this?
Answer 4
There are no fees to access general information, but loan processing and application fees may apply depending on the specific loan terms.
Question 5
Who is this open to — anyone, or only residents/members?
Answer 5
This institution primarily serves members of the credit union, which includes residents of Georgia who meet membership criteria.
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 specific requirements may vary based on the loan and borrower profile.
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 completeness of the application and loan complexity.
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