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Aspire Bank

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Description

Aspire Bank offers comprehensive SBA lending solutions tailored to meet the needs of small and medium-sized businesses. With a focus on supporting local entrepreneurs, the bank provides access to various SBA loan programs, including the popular 7(a) loan program, which helps fund business expansion, equipment purchases, and working capital. Located in Fargo, North Dakota, Aspire Bank is committed to fostering economic growth within the community and beyond. Their experienced team guides clients through the application process, ensuring a smooth experience from start to finish. The bank’s flexible lending criteria and personalized service make it a reliable partner for business owners seeking financial support. Whether you’re looking to start a new venture or expand an existing operation, Aspire Bank has the expertise and resources to help you succeed. They also offer competitive rates and transparent fee structures, making them a trusted choice for SBA financing needs. With a strong local presence and a focus on community development, Aspire Bank is dedicated to helping businesses thrive in the regional economy.

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Q&A

Lender Type
Commercial Bank
Google Rating
5
Google Review Count
3
Question 1
What is this place and what can I find here?
Answer 1
This is Aspire Bank in Fargo, North Dakota, offering SBA loan programs and banking services tailored for small businesses. You can find support for business expansion, equipment financing, and working capital needs.
Question 2
Do I need an appointment or can I walk in?
Answer 2
It is recommended to schedule an appointment to ensure dedicated assistance, but walk-ins are also welcome during business hours.
Question 3
What are the hours of operation?
Answer 3
The bank operates Monday through Friday from 8:30 am to 5:00 pm, with extended hours by appointment.
Question 4
Is there a fee to use this?
Answer 4
There are no fees for initial consultations; standard loan application and processing fees apply depending on the loan terms.
Question 5
Who is this open to — anyone, or only residents/members?
Answer 5
This service is primarily available to local business owners and residents in the Fargo region seeking SBA financing.
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 to qualify for SBA loans.
Question 7
How long does the traditional underwriting process take from start to close?
Answer 7
The underwriting process typically takes between 30 to 45 days, depending on the complexity of the application and completeness of documentation.
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