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Apex Bank

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Description

Apex Bank offers specialized SBA lending services designed to support small businesses in securing financing for growth and development. With a focus on the manufacturing sector, the bank provides tailored loan options that help entrepreneurs expand operations, purchase equipment, or manage cash flow. Their SBA programs are well-suited for businesses seeking flexible terms and competitive rates, backed by their extensive experience with the SBA 7(a) loan program. Located conveniently in Camden, Tennessee, Apex Bank is committed to fostering local economic growth by providing accessible financial solutions for small business owners. Their team of dedicated lenders works closely with clients to understand their unique needs and guide them through the application process. Whether you’re a startup or an established business, Apex Bank aims to be a reliable partner in your growth journey, leveraging their regional expertise to support your success.

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Q&A

Lender Type
Commercial Bank
Google Rating
4.6
Google Review Count
52
Question 1
What is this place and what can I find here?
Answer 1
This is a local bank offering SBA loan programs, including the 7(a) loan, to support small businesses with financing needs such as expansion, equipment, and working capital.
Question 2
Do I need an appointment or can I walk in?
Answer 2
It"s recommended to schedule an appointment with a lender to discuss your specific needs, but walk-ins may also be accommodated during business hours.
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 special hours by appointment.
Question 4
Is there a fee to use this?
Answer 4
There are no fees to access the bank"s services, but standard SBA loan fees and closing costs may apply to specific financing.
Question 5
Who is this open to — anyone, or only residents/members?
Answer 5
This bank primarily serves small business owners in the region, but eligibility depends on meeting SBA loan requirements.
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 applicants.
Question 7
How long does the traditional underwriting process take from start to close?
Answer 7
The underwriting process typically takes 30 to 45 days, depending on the completeness of the application and documentation provided.
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