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Range Bank

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Description

Range Bank offers comprehensive SBA lending options tailored to meet the needs of small businesses seeking financial support for growth, expansion, or operational needs. With a focus on small business financing, the bank provides access to SBA 7(a) loans, which are ideal for various purposes including working capital, equipment purchase, and real estate acquisition. The bank’s experienced lending team guides clients through the application process, ensuring a smooth experience from start to finish. Located in Marquette, Michigan, Range Bank is committed to serving local entrepreneurs and supporting regional economic development. Their loan offerings include flexible terms and competitive rates, making them a trusted partner for small business owners. They support a wide range of industries, with particular strength in sectors like manufacturing, retail, and services. Whether you’re a startup or an established business, Range Bank’s SBA programs can help you access the funding you need to succeed. The bank’s knowledgeable staff and streamlined processes make it easier for small businesses to navigate the complexities of SBA lending while providing personalized service tailored to each client’s unique needs.

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Q&A

Lender Type
Commercial Bank
Google Rating
4.6
Google Review Count
14
Question 1
What is this place and what can I find here?
Answer 1
This is a financial institution offering SBA lending programs designed to support small businesses. You can find information about loan options, application processes, and personalized assistance for your business financing 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-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 9:00 AM to 5:00 PM, but hours may vary for specific services or appointments.
Question 4
Is there a fee to use this?
Answer 4
There are no fees for simply visiting or consulting; however, loan application and processing fees may apply depending on the financing arrangement.
Question 5
Who is this open to — anyone, or only residents/members?
Answer 5
This bank primarily serves small business owners and entrepreneurs within the regional area, but eligibility depends on meeting specific lending criteria.
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 preferred, though higher scores improve the chances of approval.
Question 7
How long does the traditional underwriting process take from start to close?
Answer 7
The underwriting process typically takes between 30 to 60 days, depending on the complexity of the loan and completeness of documentation.
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