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First Federal Bank of Wisconsin

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Description

First Federal Bank of Wisconsin offers comprehensive SBA lending services tailored to small businesses seeking financial support for growth and development. With a focus on personalized service, they assist clients through various SBA programs, including the popular 7(a) loan program. Their team is dedicated to helping entrepreneurs secure funding for a wide range of needs, from working capital to equipment purchases and real estate investments. Located in Waukesha, WI, they serve local businesses with a commitment to community development and economic growth. Their expertise extends to supporting startups and established companies alike, providing guidance through the application process and ensuring competitive terms. The bank’s experienced staff understands the nuances of SBA lending and works diligently to match clients with suitable financing options. Whether you’re expanding your operations or starting a new venture, First Federal Bank of Wisconsin is equipped to assist with your financial goals, offering flexible solutions and attentive customer service. They pride themselves on building long-term relationships with clients and fostering business success through tailored lending strategies.

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Q&A

Lender Type
Commercial Bank
Google Rating
2.9
Google Review Count
9
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, with a focus on personalized service and community support.
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 Monday through Friday from 8:30 AM to 5:00 PM, with extended hours by appointment.
Question 4
Is there a fee to use this?
Answer 4
There are no fees for initial consultations; fees may apply for loan processing and closing costs.
Question 5
Who is this open to — anyone, or only residents/members?
Answer 5
This bank primarily serves small business owners and entrepreneurs in Wisconsin, but eligibility is based on loan criteria and creditworthiness.
Question 6
What minimum personal credit score does this bank look for in a guarantor?
Answer 6
A minimum personal credit score of 650 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 30 to 45 days, depending on the complexity of the loan and completeness of application materials.
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