Go Back
Report Abuse

Truist Bank

photo-196.jpg
photo-196.jpg

Description

Truist Bank offers comprehensive SBA lending services, specializing in small business financing solutions through the SBA 7(a) program. With a focus on supporting entrepreneurs and small business owners, the bank provides tailored loan options that help businesses grow, acquire assets, or manage cash flow. Their experienced lending team works closely with clients to understand their needs and craft suitable financing packages, often providing flexible terms and competitive rates. Located at 214 N Tryon St in Charlotte, NC, Truist Bank leverages its extensive network and financial expertise to serve a diverse range of industries, including professional services, retail, and healthcare. The bank’s commitment to small business success is reflected in its ability to approve sizable loans, with the largest recorded approval amount reaching $313,400. Whether you’re starting a new venture or expanding an existing business, Truist Bank is equipped to assist with SBA-backed loans that facilitate growth and stability.

Location

There are no reviews yet.

Q&A

Lender Type
Commercial Bank
Google Rating
2.4
Google Review Count
45
Question 1
What is this place and what can I find here?
Answer 1
This is a financial institution offering SBA loan programs and small business financing solutions to help entrepreneurs grow and succeed.
Question 2
Do I need an appointment or can I walk in?
Answer 2
It"s recommended to schedule an appointment to meet with a lending specialist, but walk-in consultations may be available depending on branch hours.
Question 3
What are the hours of operation?
Answer 3
Typically, branch hours are Monday through Friday from 9 AM to 5 PM, but it"s best to check with the specific location for exact times.
Question 4
Is there a fee to use this?
Answer 4
There are no fees to access general information, but loan processing and application fees may apply depending on the services used.
Question 5
Who is this open to — anyone, or only residents/members?
Answer 5
This service is open to small business owners and entrepreneurs, regardless of residency, provided they meet the lending criteria.
Question 6
What minimum personal credit score does this bank look for in a guarantor?
Answer 6
A minimum personal credit score of around 650 is generally preferred for loan approval.
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 completeness of the application and supporting documents.
Scroll to Top