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Windsor Federal Bank

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Description

Windsor Federal Bank offers comprehensive SBA financing options tailored for small businesses seeking growth capital. With a focus on supporting local entrepreneurs, the bank provides a range of loan programs including the SBA 7(a) and 504 loans, designed to facilitate business expansion, equipment purchase, and working capital needs. Their experienced team guides clients through the application process, ensuring quick and efficient approval for qualifying businesses. The bank’s commitment to community development is reflected in their personalized service and flexible lending criteria, making them a reliable partner for small business owners in the Windsor area and beyond. Whether you’re looking to start a new venture or expand an existing one, Windsor Federal Bank provides the financial tools and support necessary to achieve your business goals. Their SBA programs are especially suited for small to medium-sized enterprises across various industries, with a particular strength in supporting local service providers and retail businesses. The bank maintains a strong regional presence, focusing on Connecticut and neighboring states, with a reputation for responsive customer service and tailored lending solutions.

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Q&A

Lender Type
Commercial Bank
Google Rating
4.6
Google Review Count
58
Question 1
What is this place and what can I find here?
Answer 1
This is a community-focused bank offering SBA loan programs and financial services tailored for small businesses, with personalized support and regional expertise.
Question 2
Do I need an appointment or can I walk in?
Answer 2
It"s recommended to schedule an appointment to ensure dedicated assistance, but walk-ins are also welcome 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.
Question 4
Is there a fee to use this?
Answer 4
Yes, fees may apply depending on the loan type and amount, including application and closing costs.
Question 5
Who is this open to — anyone, or only residents/members?
Answer 5
This bank primarily serves residents and small businesses within the Connecticut region, but some services may be available to out-of-area clients.
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 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 2 to 4 weeks, depending on the complexity of the application and completeness of documentation.
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