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Desert Rivers FCU

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Description

Desert Rivers FCU offers comprehensive SBA lending services tailored to small businesses seeking financial support for growth and development. With a focus on serving the local community, this financial institution provides various loan programs, including SBA 7(a) loans, to help entrepreneurs access capital efficiently. Their team specializes in guiding clients through the application process, ensuring a smooth experience from start to finish. Whether you’re looking to expand your operations, purchase equipment, or manage cash flow, Desert Rivers FCU is equipped to assist with customized financing solutions. They prioritize personalized service, working closely with borrowers to understand their unique needs and objectives. The institution also offers flexible terms and competitive rates to make business financing accessible and affordable. Located in Moab, Utah, they serve a diverse range of industries, with particular strength in supporting local businesses in the region. Their commitment to community development and small business success makes them a reliable partner for entrepreneurs seeking SBA-backed funding.

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Q&A

Lender Type
Commercial Bank
Google Rating
3.9
Google Review Count
25
Question 1
What is this place and what can I find here?
Answer 1
This is a community-focused financial institution offering SBA loan programs and personalized banking services tailored to small businesses in the Moab area.
Question 2
Do I need an appointment or can I walk in?
Answer 2
It is 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
There may be application and closing fees associated with loans, but there are no fees for basic inquiries or account access.
Question 5
Who is this open to — anyone, or only residents/members?
Answer 5
This institution primarily serves local residents and members of the community, with a focus on small business owners in the region.
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 other factors may also be considered.
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 application and completeness of documentation.
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