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Relyance Bank

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Description

Relyance Bank offers comprehensive SBA lending services tailored to small businesses seeking financial support for growth, equipment, or operational needs. With a focus on personalized service, the bank provides various SBA programs including the 7(a) loan program, which is ideal for a wide range of business purposes. Clients can access funding for real estate, equipment, working capital, and more, with flexible terms and competitive rates. The bank’s experienced team guides borrowers through the application process, ensuring clarity and support at every step. Located in White Hall, Arkansas, Relyance Bank is committed to fostering local economic development by providing accessible financing options to entrepreneurs and small business owners. Whether you’re starting a new venture or expanding an existing business, Relyance Bank aims to be a trusted partner in your growth journey.

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Q&A

Lender Type
Commercial Bank
Google Rating
3.3
Google Review Count
14
Question 1
What is this place and what can I find here?
Answer 1
This is a commercial bank offering SBA loan programs and small business financing solutions. You can find personalized banking services, loan options, and expert guidance to support your business growth.
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 banking specialist, but walk-in consultations may also be available during business hours.
Question 3
What are the hours of operation?
Answer 3
The bank operates Monday through Friday from 8:30 AM to 5:00 PM, with additional hours by appointment.
Question 4
Is there a fee to use this?
Answer 4
There are no fees for accessing basic banking services; however, specific loan products may have associated fees such as origination or guarantee fees.
Question 5
Who is this open to — anyone, or only residents/members?
Answer 5
This bank primarily serves residents and small business owners within Arkansas, but eligibility for loans depends on creditworthiness and business qualifications.
Question 6
What minimum personal credit score does this bank look for in a guarantor?
Answer 6
A minimum personal credit score of 620 is generally required for SBA loan guarantors.
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 completeness of documentation and loan complexity.
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