Go Back
Report Abuse

Dieterich Bank

photo-1643.jpg
photo-1643.jpg

Description

Dieterich Bank offers comprehensive SBA lending services tailored to small businesses seeking financial support for growth, expansion, or operational needs. With a focus on personalized service, the bank provides various SBA loan programs including the popular 7(a) loan program, which helps entrepreneurs access capital with flexible terms. Their experienced team guides clients through the application process, ensuring clarity and efficiency. The bank’s expertise extends to supporting businesses in diverse industries, especially those aligned with NAICS code 713940, which pertains to amusement parks and arcades. Whether you’re starting a new venture or expanding an existing one, Dieterich Bank is committed to helping small businesses succeed by providing tailored financing solutions and expert advice. Their local presence in Effingham, Illinois, allows them to understand regional market dynamics and offer customized financial products to meet community needs.

Location

There are no reviews yet.

Q&A

Lender Type
Commercial Bank
Google Rating
4.3
Google Review Count
7
Question 1
What is this place and what can I find here?
Answer 1
This is a local bank offering SBA loan programs to small businesses in Illinois. You can find assistance with business financing, advice on loan options, and personalized banking services tailored to your 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-ins are also welcome during business hours.
Question 3
What are the hours of operation?
Answer 3
The bank operates from 8:30 AM to 5:00 PM, Monday through Friday.
Question 4
Is there a fee to use this?
Answer 4
There are no fees for initial consultations; standard loan application and processing fees may apply depending on the loan type.
Question 5
Who is this open to — anyone, or only residents/members?
Answer 5
This bank primarily serves small business owners and residents in Illinois, especially those in the Effingham region.
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 for SBA loan applicants.
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 completeness of your application and documentation.
Scroll to Top