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Douglas National Bank

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Description

Douglas National Bank 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) loan program, the bank provides flexible financing options that can be used for a variety of purposes including working capital, equipment purchase, and real estate acquisition. Customers benefit from personalized service and expert guidance throughout the loan process, ensuring a smooth experience from application to funding. The bank’s experienced team understands the local market and works closely with clients to develop solutions that meet their unique needs. Whether you’re a startup or an established business, Douglas National Bank is committed to helping you achieve your financial goals through accessible SBA lending programs. Their commitment to community and small business growth makes them a trusted partner for entrepreneurs in the Douglas area and beyond.

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Q&A

Lender Type
Commercial Bank
Google Rating
4.8
Google Review Count
19
Question 1
What is this place and what can I find here?
Answer 1
This is Douglas National Bank, a community-focused financial institution offering SBA loan programs, personal banking, and business financing solutions designed to support local entrepreneurs and businesses.
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-in consultations may also be available 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, with extended hours by appointment.
Question 4
Is there a fee to use this?
Answer 4
There are no fees to access basic banking services; fees may apply for specific services or loan processing.
Question 5
Who is this open to — anyone, or only residents/members?
Answer 5
This bank primarily serves local residents and businesses within the community, but some services are available to non-residents by appointment.
Question 6
What minimum personal credit score does this bank look for in a guarantor?
Answer 6
A minimum personal credit score of 650 is generally required, though higher scores improve approval chances.
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 complexity of the application and completeness of documentation.
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