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Five Star Bank

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Description

Five Star Bank offers comprehensive SBA lending services, specializing in small business financing solutions to support growth and expansion. With a focus on the 7A loan program, they provide flexible funding options for businesses seeking working capital, equipment financing, or real estate purchases. Their experienced team works closely with clients to tailor loan packages that meet specific business needs, ensuring a smooth application process and timely approval. Whether you’re a startup or an established enterprise, Five Star Bank is committed to helping small businesses thrive through personalized service and competitive loan terms. Their expertise in SBA lending makes them a reliable partner for entrepreneurs looking to access government-backed financing programs designed to promote small business success. Located in Rancho Cordova, California, they serve a diverse range of industries, providing tailored financial solutions to meet unique business goals. Their commitment to community development and small business growth is reflected in their dedicated support and extensive industry knowledge. From initial consultation to final approval, Five Star Bank aims to deliver a seamless borrowing experience, fostering long-term relationships with their clients and contributing to local economic development.

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Q&A

Lender Type
Commercial Bank
Google Rating
3
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 to small businesses, providing tailored financing solutions to support growth and development. You can find assistance with SBA 7A loans, guidance on application processes, and expert advice on business funding options.
Question 2
Do I need an appointment or can I walk in?
Answer 2
It is recommended to schedule an appointment to ensure dedicated time with a loan specialist, but walk-in consultations may be available during business hours depending on availability.
Question 3
What are the hours of operation?
Answer 3
The branch operates Monday through Friday from 9:00 AM to 5:00 PM, with extended hours by appointment upon request.
Question 4
Is there a fee to use this?
Answer 4
There are no fees for initial consultations; however, standard loan application and processing fees may apply depending on the loan type and amount.
Question 5
Who is this open to — anyone, or only residents/members?
Answer 5
This lender primarily serves small business clients within its regional service area, but eligibility for SBA loans is based on business criteria rather than residency alone.
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 required for guarantors applying for SBA loans.
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.
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