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American State Bank and Trust Company of Williston

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Description

American State Bank and Trust Company of Williston offers comprehensive SBA lending services tailored to meet the needs of small and medium-sized businesses. With a focus on supporting local entrepreneurs, the bank provides financing options that include SBA 7(a) loans, which are ideal for working capital, equipment, and expansion projects. Their experienced team guides clients through the application process, ensuring a smooth experience from start to finish. Located in Williston, North Dakota, they serve a diverse range of industries, emphasizing personalized service and flexible terms. The bank’s expertise in SBA programs helps businesses access the capital they need to grow and succeed, with approval amounts reaching up to $194,900 for qualifying applicants. Whether you’re a startup or an established business, they are committed to helping you achieve your financial goals through tailored lending solutions.

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Q&A

Lender Type
Commercial Bank
Google Rating
3.8
Google Review Count
23
Question 1
What is this place and what can I find here?
Answer 1
This is a local bank offering SBA loan programs to support small and medium-sized businesses in the Williston area. You can find personalized financial solutions, expert guidance, and access to capital to help your business grow.
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 specialist, but walk-ins are also welcome during business hours.
Question 3
What are the hours of operation?
Answer 3
The bank operates from 8:30 AM to 5:00 PM, Monday through Friday.
Question 4
Is there a fee to use this?
Answer 4
There are no fees to visit the bank; however, SBA loans may include closing costs and fees associated with the loan process.
Question 5
Who is this open to — anyone, or only residents/members?
Answer 5
This bank primarily serves residents and businesses within the Williston region and surrounding areas.
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 required, but higher scores improve approval chances.
Question 7
How long does the traditional underwriting process take from start to close?
Answer 7
The underwriting process usually takes approximately 30 to 45 days, depending on the completeness of your application and documentation.
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