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American United FCU

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Description

American United FCU offers comprehensive SBA lending options tailored to small businesses seeking financial support for growth and operational needs. With a focus on serving the local community, they provide flexible loan programs including the SBA 7(a) loan, which supports a variety of business purposes such as working capital, equipment purchase, and real estate acquisition. Their experienced lending team guides clients through the application process, ensuring clarity and efficiency. The institution is known for its personalized service and competitive rates, making it a reliable partner for small business owners looking to expand or stabilize their operations. They support loans up to $120,000, helping businesses access the capital they need to thrive. Whether you’re starting a new venture or expanding an existing one, American United FCU can assist with tailored financial solutions designed to meet your specific needs.

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Q&A

Lender Type
Commercial Bank
Google Rating
4.5
Google Review Count
414
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 solutions, providing personalized support to help your business grow and succeed.
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, they operate from 9 AM to 5 PM, Monday through Friday, but it"s best to confirm directly with the branch.
Question 4
Is there a fee to use this?
Answer 4
There may be application and processing fees associated with loans, which will be disclosed during the application process.
Question 5
Who is this open to — anyone, or only residents/members?
Answer 5
This institution primarily serves members of the credit union and local small business owners seeking SBA financing.
Question 6
What minimum personal credit score does this bank look for in a guarantor?
Answer 6
A minimum personal credit score of around 640 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 process typically takes 2 to 4 weeks, depending on the completeness of your application and supporting documents.
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