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Sharon & Crescent United CU

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Description

Offering comprehensive SBA loan services, this financial institution specializes in supporting small businesses with tailored financing options. Whether you’re seeking working capital, equipment loans, or real estate financing, they provide flexible solutions to meet diverse business needs. Their experienced team guides clients through the application process, ensuring clarity and efficiency. With a focus on community development, they serve local entrepreneurs and business owners, fostering growth and stability. The bank’s SBA program history includes a strong track record with the 7A loan program, making them a reliable partner for business expansion. They also support other SBA offerings, providing a broad spectrum of financial products. Their commitment to personalized service and competitive rates makes them a valuable resource for small business funding in the Sharon area.

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Q&A

Lender Type
Commercial Bank
Google Rating
4.2
Google Review Count
39
Question 1
What is this place and what can I find here?
Answer 1
This is a bank that specializes in SBA loans and small business financing, offering tailored solutions to help entrepreneurs grow their businesses.
Question 2
Do I need an appointment or can I walk in?
Answer 2
It"s recommended to schedule an appointment for personalized service, but walk-ins are also welcome during business hours.
Question 3
What are the hours of operation?
Answer 3
The bank is open Monday through Friday from 9:00 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 basic inquiries; however, loan processing and application fees may apply depending on the service.
Question 5
Who is this open to — anyone, or only residents/members?
Answer 5
This bank primarily serves local residents and small business owners in the Sharon area, but inquiries from others are welcome.
Question 6
What minimum personal credit score does this bank look for in a guarantor?
Answer 6
A minimum credit score of 620 is generally preferred for guarantors applying for SBA loans.
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 loan and completeness of documentation.
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