Go Back

Armstrong Bank

Offering a range of SBA lending options, this financial institution specializes in supporting small businesses with funding solutions tailored to their needs. Whether you’re seeking a loan for expansion, equipment, or working capital, they provide personalized service to help you achieve your business goals. Their experienced team guides clients through the application process, ensuring a smooth experience from start to finish. With a focus on small business growth, they leverage SBA programs like the 7(a) loan to provide flexible financing options. The bank is committed to fostering local economic development and supporting entrepreneurs across various industries. Their expertise in SBA lending makes them a trusted partner for small business owners seeking reliable and accessible funding.

Review

There are no reviews yet.

Lender Type

Commercial Bank

Google Rating

3.5

Google Review Count

Question 1

What is this place and what can I find here?

Answer 1

This is a commercial bank that offers SBA loans and small business financing options designed to support entrepreneurs and business growth. You can find information about their loan programs, application process, and personalized support to help you secure funding for your business 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 specialist, but walk-ins may be accommodated depending on availability. Contact the bank beforehand to confirm the best way to meet your needs.

Question 3

What are the hours of operation?

Answer 3

The bank typically operates from 9:00 AM to 5:00 PM, Monday through Friday. It"s advisable to call ahead to confirm hours or to schedule an appointment outside regular hours if needed.

Question 4

Is there a fee to use this?

Answer 4

There are no fees to visit or inquire; however, loan applications and processing may involve fees such as guarantee fees, closing costs, and service charges depending on the specific loan program.

Question 5

Who is this open to — anyone, or only residents/members?

Answer 5

This bank primarily serves small business owners within its geographic region but welcomes inquiries from entrepreneurs nationwide interested in SBA financing options.

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, but approval depends on overall creditworthiness and business financials.

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.

Armstrong Bank

Description

Location

Review

Q&A