Commercial Banking Company
Description
Offering comprehensive SBA lending services, this financial institution specializes in providing small business loans to support growth and operational needs. With a focus on the SBA 7(a) program, it helps entrepreneurs secure funding for various purposes including working capital, equipment purchase, and expansion. The bank is equipped to handle loan amounts up to $187,600, ensuring tailored financing solutions for small businesses across a range of industries.
Location
Review
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Q&A
Lender Type
Commercial Bank
Google Rating
4.8
Google Review Count
22
Question 1
What is this place and what can I find here?
Answer 1
This is a financial institution offering SBA loan programs to small businesses. You can find assistance with funding options like the SBA 7(a) loan, guidance on application processes, and support tailored to your business 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 are also welcome during business hours. Calling ahead can help streamline your visit.
Question 3
What are the hours of operation?
Answer 3
The bank operates Monday through Friday from 9:00 AM to 5:00 PM. Hours may vary on holidays, so it"s best to contact ahead for specific times.
Question 4
Is there a fee to use this?
Answer 4
There are no fees to visit or inquire; however, loan processing and application fees may apply depending on the financing options selected.
Question 5
Who is this open to — anyone, or only residents/members?
Answer 5
This bank primarily serves small business owners and entrepreneurs in the Valdosta area but offers SBA loan programs nationwide to qualified applicants.
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, 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 30 to 45 days, depending on the complexity of the application and completeness of documentation.