Veridian CU
Description
Veridian CU offers comprehensive SBA lending services tailored to meet the needs of small businesses seeking financial support for growth, expansion, or operational needs. As a trusted financial institution, it provides various loan options backed by SBA programs, including the popular 7(a) loan program. The bank specializes in supporting small businesses across diverse sectors, with a focus on fostering economic development within its community. Clients can access competitive rates, flexible terms, and personalized service to help achieve their business goals. Whether funding equipment, real estate, or working capital, Veridian CU aims to be a reliable partner for entrepreneurs and small business owners.
Location
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Q&A
Lender Type
Commercial Bank
Google Rating
4.4
Google Review Count
184
Question 1
What is this place and what can I find here?
Answer 1
This is Veridian CU, a community-focused financial institution offering SBA loan programs and small business financing options designed to support local entrepreneurs and business growth.
Question 2
Do I need an appointment or can I walk in?
Answer 2
It is recommended to schedule an appointment to ensure dedicated service, but walk-ins are also welcome during business hours for general inquiries.
Question 3
What are the hours of operation?
Answer 3
The branch operates Monday through Friday from 9:00 AM to 5:00 PM, with additional hours by appointment on Saturdays.
Question 4
Is there a fee to use this?
Answer 4
There are no fees for visiting the branch; however, loan processing and application fees may apply depending on the services utilized.
Question 5
Who is this open to — anyone, or only residents/members?
Answer 5
This branch primarily serves members of Veridian CU, which includes residents of the community and eligible members, but SBA loan programs may be available to a broader audience based on eligibility criteria.
Question 6
What minimum personal credit score does this bank look for in a guarantor?
Answer 6
A minimum personal credit score of 640 is generally preferred for guarantors, though specific requirements may vary depending on the loan application.
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 application and completeness of documentation.