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Flagship Enterprise Center, Inc. (dba Bankable)

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Description

Flagship Enterprise Center, Inc. dba Bankable offers comprehensive SBA lending services tailored to small businesses seeking financial support for growth and development. With a focus on small business needs, they provide various loan options including the SBA 7(a) program, which is ideal for working capital, equipment purchase, and expansion projects. Their team is dedicated to guiding clients through the loan process, ensuring clarity and support at every step. Located in Anderson, Indiana, they serve local entrepreneurs and small business owners looking for reliable financing solutions. The bank specializes in serving the hospitality industry, particularly restaurants and food service establishments, leveraging their expertise in this sector to facilitate tailored funding options. They support a range of SBA programs, including 7(a) and 504 loans, and are committed to helping startups and established businesses alike. Their loan approval amounts can go up to $175,000, making them a strong choice for small-scale funding needs. Their team understands the importance of quick access to capital and strives to provide efficient service to meet client timelines. Whether you are seeking a new loan or refinancing an existing one, Flagship Enterprise Center is positioned to assist with your financial goals.

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Q&A

Lender Type
Commercial Bank
Google Rating
4.5
Google Review Count
23
Question 1
What is this place and what can I find here?
Answer 1
This is a financial institution that offers SBA loan programs to small businesses, providing funding options to support growth, expansion, and startup needs. You can find personalized assistance and a variety of loan products tailored to small business requirements. Their team helps guide clients through the application process to ensure smooth access to capital.
Question 2
Do I need an appointment or can I walk in?
Answer 2
It is recommended to schedule an appointment to ensure personalized service, but walk-ins may be accommodated depending on availability. Calling ahead can help you prepare and receive dedicated attention from their staff.
Question 3
What are the hours of operation?
Answer 3
Typically, they operate during regular business hours from 9:00 AM to 5:00 PM, Monday through Friday. It’s best to contact the branch directly for specific hours or to schedule an appointment outside of standard times.
Question 4
Is there a fee to use this?
Answer 4
There are no fees to access their basic consultation services, but loan processing and closing involve standard SBA guarantee and administrative fees. These costs are disclosed upfront during the application process.
Question 5
Who is this open to — anyone, or only residents/members?
Answer 5
This lender primarily serves small business owners and entrepreneurs within their regional area, but they welcome applications from any qualified small business in their service region. Residency is not strictly required, but eligibility depends on business location and qualification 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, though higher scores improve approval chances. The final decision depends on overall creditworthiness and business financials.
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. Prompt submission of required information can help expedite the process.
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