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AltaOne FCU

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Description

AltaOne Federal Credit Union offers comprehensive SBA lending services tailored to small businesses seeking financial support for growth, expansion, or operational needs. With a focus on providing accessible financing options, this institution specializes in SBA 7(a) loans, helping entrepreneurs secure funding with flexible terms and competitive rates. Their team is dedicated to guiding borrowers through every step of the application process, ensuring clarity and support. Located in Ridgecrest, California, they serve local businesses and the broader community with personalized financial solutions. Whether you need working capital, equipment financing, or real estate loans, AltaOne FCU is equipped to assist. Their expertise extends to supporting startups and established businesses alike, emphasizing community development and economic growth. The credit union maintains a strong commitment to fostering small business success through tailored lending programs and excellent customer service. Their experienced staff is ready to help you navigate the complexities of SBA loans, making the process straightforward and accessible. With a history of approving large loan amounts, they are well-positioned to meet diverse business financing needs. Overall, AltaOne FCU is a trusted partner for small business owners in the Ridgecrest area and beyond, dedicated to helping local entrepreneurs thrive.

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Q&A

Lender Type
Commercial Bank
Google Rating
2.9
Google Review Count
53
Question 1
What is this place and what can I find here?
Answer 1
This is a financial institution offering SBA loan programs and small business financing solutions to support local entrepreneurs and businesses.
Question 2
Do I need an appointment or can I walk in?
Answer 2
It is recommended to schedule an appointment, but walk-ins are also welcome during business hours for assistance.
Question 3
What are the hours of operation?
Answer 3
The branch operates from 9:00 AM to 5:00 PM, Monday through Friday.
Question 4
Is there a fee to use this?
Answer 4
There are standard fees associated with SBA loans, including application and closing costs, which vary depending on the loan specifics.
Question 5
Who is this open to — anyone, or only residents/members?
Answer 5
This institution primarily serves members of the credit union and local small business owners within the community.
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 SBA loan qualification.
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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