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Mid-Missouri Bank

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Description

Mid-Missouri Bank provides comprehensive SBA lending services tailored to small and medium-sized businesses seeking financing options. With a focus on supporting local entrepreneurs, the bank offers various loan programs including the SBA 7(a) and 504, to help businesses expand, purchase equipment, or refinance existing debt. Their experienced lending team works closely with clients to understand their unique needs and guide them through the application process, ensuring a smooth experience from start to finish. Located in Springfield, Missouri, they serve a diverse range of industries, emphasizing personalized service and flexible financing solutions. Whether you’re a startup or an established business looking to grow, Mid-Missouri Bank is committed to helping you achieve your financial goals with competitive rates and tailored loan programs. Their expertise in SBA lending makes them a trusted partner for small business owners across the region, offering support and guidance every step of the way.

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Q&A

Lender Type
Commercial Bank
Google Rating
4.9
Google Review Count
532
Question 1
What is this place and what can I find here?
Answer 1
This is a commercial bank offering SBA loan programs to support small and medium-sized businesses with financing solutions tailored to their needs.
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-ins are also welcome during business hours.
Question 3
What are the hours of operation?
Answer 3
The bank operates from 9:00 AM to 5:00 PM, Monday through Friday.
Question 4
Is there a fee to use this?
Answer 4
There are no fees to access the bank"s services; however, loan application and closing costs may apply depending on the financing arrangement.
Question 5
Who is this open to — anyone, or only residents/members?
Answer 5
This bank primarily serves residents and businesses within the Springfield area and surrounding regions, focusing on local small business support.
Question 6
What minimum personal credit score does this bank look for in a guarantor?
Answer 6
Typically, a minimum personal credit score of 650 is preferred, but this can vary based on the loan type and overall borrower profile.
Question 7
How long does the traditional underwriting process take from start to close?
Answer 7
The underwriting process usually takes between 30 to 45 days, depending on the complexity of the loan and completeness of the application.
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