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1st National Bank

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Description

Offering comprehensive SBA lending services, this financial institution specializes in supporting small businesses with a variety of loan options tailored to meet diverse needs. Whether you’re seeking funding for expansion, equipment purchase, or working capital, they provide expert guidance throughout the application process. Their experienced team understands the nuances of SBA programs, ensuring a smooth and efficient experience from application to approval. With a focus on personalized service, they help entrepreneurs navigate the complexities of SBA loans, including the 7(a) program, which is ideal for a wide range of business purposes. The bank’s commitment to small business growth is reflected in their flexible lending criteria and dedicated support staff. They also offer resources to help startups and established companies alike secure the funding necessary to achieve their goals. Located conveniently in Lebanon, Ohio, they serve local businesses while also supporting clients across the region.

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Q&A

Lender Type
Commercial Bank
Google Rating
3.5
Google Review Count
38
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 and expert guidance to help entrepreneurs grow and succeed.
Question 2
Do I need an appointment or can I walk in?
Answer 2
It"s recommended to schedule an appointment to ensure dedicated service, but walk-ins are also welcome depending on staff availability.
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 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, loan processing and closing fees may apply depending on the loan terms.
Question 5
Who is this open to — anyone, or only residents/members?
Answer 5
This bank primarily serves local residents and small business owners in the region, but eligibility criteria apply based on creditworthiness and business needs.
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 required, though higher scores improve the likelihood of approval.
Question 7
How long does the traditional underwriting process take from start to close?
Answer 7
The underwriting process typically takes between 30 to 60 days, depending on the complexity of the application and completeness of documentation.
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