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United Midwest Savings Bank National Association

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Description

United Midwest Savings Bank offers comprehensive SBA lending solutions tailored to small and medium-sized businesses across various industries. With a focus on supporting business growth, the bank provides access to SBA 7(a) loans, which can be used for a variety of purposes including working capital, equipment purchases, and real estate acquisitions. Their experienced lending team guides clients through the application process, ensuring a smooth experience from start to finish. The bank’s flexible loan options and competitive terms make it a reliable partner for entrepreneurs seeking funding. Located in De Graff, Ohio, they serve local businesses with personalized service and a deep understanding of regional market needs. Whether you’re a startup or an established business, United Midwest Savings Bank is committed to helping you achieve your financial goals with tailored SBA lending programs and expert support.

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Q&A

Lender Type
Commercial Bank
Google Rating
3.5
Google Review Count
6
Question 1
What is this place and what can I find here?
Answer 1
This is a bank that offers SBA loan programs and business financing solutions. You can find assistance with small business funding, including SBA 7(a) loans, and personalized support for your financial 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 their lending specialists, but walk-in inquiries are also welcome during business hours.
Question 3
What are the hours of operation?
Answer 3
The bank operates Monday through Friday from 9:00 AM to 5:00 PM, with appointments available outside these hours upon request.
Question 4
Is there a fee to use this?
Answer 4
There are no fees to visit or inquire; however, loan processing and application fees may apply depending on the financing options chosen.
Question 5
Who is this open to — anyone, or only residents/members?
Answer 5
This bank primarily serves local small businesses and residents in the Ohio region, but they also work with out-of-area clients seeking SBA loans.
Question 6
What minimum personal credit score does this bank look for in a guarantor?
Answer 6
Typically, a minimum personal credit score of 640 is preferred, but this can vary based on the specific loan and borrower profile.
Question 7
How long does the traditional underwriting process take from start to close?
Answer 7
The underwriting process generally takes between 30 to 60 days, depending on the complexity of the application and completeness of documentation.
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