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AltCap

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Description

AltCap offers comprehensive SBA lending services focused on supporting small businesses through various loan programs. With a strong emphasis on the SBA 7(a) program, they provide financing solutions tailored to meet the needs of entrepreneurs seeking growth capital, working capital, or real estate funding. Their team is dedicated to guiding clients through the loan process, ensuring clarity and support at every step. Located in Kansas City, Missouri, AltCap serves a diverse range of industries, with particular expertise in sectors such as manufacturing, healthcare, and professional services. They are committed to fostering economic development and helping small businesses succeed by offering flexible loan options and personalized service. Whether you’re starting a new venture or expanding an existing business, AltCap is equipped to assist with funding solutions that align with your goals. Their experienced staff works closely with clients to understand their unique needs and craft financing strategies that facilitate growth and sustainability. AltCap’s approach emphasizes transparency, accessibility, and community development, making them a trusted partner for small business owners in the region.

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Q&A

Lender Type
Commercial Bank
Google Rating
4.5
Google Review Count
85
Question 1
What is this place and what can I find here?
Answer 1
This is a financial institution offering SBA loan programs and support services for small businesses seeking funding for growth, real estate, or working capital needs.
Question 2
Do I need an appointment or can I walk in?
Answer 2
It"s recommended to schedule an appointment to ensure dedicated time with a loan officer, but walk-in consultations may be available during business hours.
Question 3
What are the hours of operation?
Answer 3
The typical hours are Monday through Friday, 9 am to 5 pm, but it"s best to contact the office directly for specific hours or to schedule an appointment.
Question 4
Is there a fee to use this?
Answer 4
There are no fees for consulting with the bank; 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 institution primarily serves small business owners and entrepreneurs in the Kansas City region, but eligibility criteria apply based on the loan program.
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 typically preferred, though higher scores improve approval chances.
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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