Go Back

First National Bank North

First National Bank North offers comprehensive SBA lending services tailored to small businesses seeking financial support for growth, expansion, or startup needs. With a focus on small and medium-sized enterprises, the bank provides various SBA loan programs, including the popular 7A program, to help clients access capital with favorable terms. The bank’s experienced lending team works closely with borrowers to understand their unique financial situations and craft customized loan solutions that meet their goals. Located in Walker, Minnesota, the bank has a strong local presence and a reputation for reliable customer service. They support a wide range of industries, with particular strength in healthcare and service sectors. Whether you need funding for equipment, working capital, or real estate, First National Bank North aims to facilitate your business success through flexible lending options and expert guidance.

Review

There are no reviews yet.

Lender Type

Commercial Bank

Google Rating

4.8

Google Review Count

Question 1

What is this place and what can I find here?

Answer 1

This is a bank that offers SBA loan programs to small businesses, providing financing options for growth, expansion, and startup needs in the Walker area.

Question 2

Do I need an appointment or can I walk in?

Answer 2

It is recommended to schedule an appointment to meet 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 typically operates from 9 am to 5 pm, Monday through Friday, but hours may vary, so it"s best to call ahead.

Question 4

Is there a fee to use this?

Answer 4

There are no fees for simply visiting or consulting; loan fees apply based on the specific financing arrangement.

Question 5

Who is this open to — anyone, or only residents/members?

Answer 5

This bank serves small business owners and entrepreneurs in the region, primarily those with a solid business plan and good credit standing.

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 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 2 to 4 weeks, depending on the complexity of the loan and completeness of the application.

First National Bank North

Description

Location

Review

Q&A