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Eastern Utah Community FCU

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Description

Specializing in small business financing, this community financial institution offers a variety of SBA loan programs tailored to meet the needs of local entrepreneurs. Whether you’re seeking funding for expansion, equipment, or working capital, they provide personalized service to help you navigate the application process. With a focus on supporting small businesses in the Price, UT area, they understand the unique economic landscape and strive to foster local growth through accessible financing options. Their experienced team guides borrowers through SBA 7(a) loans, offering competitive terms and flexible repayment options designed to suit diverse business needs. Additionally, they support microloans and other SBA programs to assist startups and established companies alike. Committed to community development, they prioritize relationship-based lending and work closely with clients to ensure their financial goals are achievable. This institution’s deep knowledge of SBA lending makes them a reliable partner for small business owners looking for trusted financial solutions in Utah.

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Q&A

Lender Type
Commercial Bank
Google Rating
4.6
Google Review Count
116
Question 1
What is this place and what can I find here?
Answer 1
This is a community-focused financial institution offering SBA loans, microloans, and small business financing services tailored to local entrepreneurs in Price, Utah. They provide personalized guidance and support to help small businesses grow and succeed.
Question 2
Do I need an appointment or can I walk in?
Answer 2
It is 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 you prepare for your visit.
Question 3
What are the hours of operation?
Answer 3
Typically, the branch operates from 9:00 AM to 5:00 PM, Monday through Friday. It’s best to contact the branch directly for specific hours or to schedule an appointment.
Question 4
Is there a fee to use this?
Answer 4
There are no fees for simply visiting or consulting with the staff. Loan application fees and other charges may apply depending on the specific financing product.
Question 5
Who is this open to — anyone, or only residents/members?
Answer 5
This institution primarily serves local residents and small business owners in the Price area, but membership requirements may vary. It’s best to inquire directly about eligibility.
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 preferred, though other factors may also be considered during the application process.
Question 7
How long does the traditional underwriting process take from start to close?
Answer 7
The underwriting process typically takes between 2 to 4 weeks, depending on the complexity of the application and completeness of documentation.
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