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Align Credit Union

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Description

Align Credit Union offers comprehensive SBA lending services tailored to small businesses seeking financial support for growth and development. With a focus on personalized service, they provide a variety of loan options including the SBA 7(a) program, which is ideal for working capital, equipment purchases, and expansion needs. Their experienced team works closely with borrowers to understand their unique business goals and financial situation, ensuring a smooth application process. Located in Lowell, Massachusetts, they serve a broad range of industries, with particular strength in commercial real estate and construction sectors. The credit union is committed to supporting local businesses by offering flexible terms and competitive rates, making it a reliable partner for entrepreneurs looking to access SBA financing. Whether you’re starting a new venture or expanding an existing business, Align Credit Union provides the resources and expertise to help you succeed.

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Q&A

Lender Type
Commercial Bank
Google Rating
4.6
Google Review Count
98
Question 1
What is this place and what can I find here?
Answer 1
This is a financial institution offering SBA loan programs and personalized lending services to small businesses in the local and regional area.
Question 2
Do I need an appointment or can I walk in?
Answer 2
It"s recommended to schedule an appointment, but walk-in consultations may be available during business hours.
Question 3
What are the hours of operation?
Answer 3
Typically, they operate from 9:00 AM to 5:00 PM, Monday through Friday, but it"s best to contact the branch for specific hours.
Question 4
Is there a fee to use this?
Answer 4
There are no fees to visit or consult; however, loan applications may involve standard processing fees.
Question 5
Who is this open to — anyone, or only residents/members?
Answer 5
This lender primarily serves members of the credit union and local small business owners within their service region.
Question 6
What minimum personal credit score does this bank look for in a guarantor?
Answer 6
A minimum personal credit score of around 640 is generally preferred for loan consideration.
Question 7
How long does the traditional underwriting process take from start to close?
Answer 7
The process typically takes 2 to 4 weeks, depending on the completeness of your application and supporting documents.
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