Go Back
Report Abuse

Bank of Franklin County

0 (0 Reviews)
photo-549.jpg
photo-549.jpg

Description

Bank of Franklin County offers comprehensive SBA lending services tailored to small businesses seeking financial support for growth and development. With a focus on small business needs, it provides various loan options including SBA 7(a) loans, which are ideal for working capital, equipment purchase, or expansion projects. The bank is committed to helping entrepreneurs access the capital they need to succeed, offering personalized service and flexible terms. Located in Washington, Missouri, this institution understands the local market and strives to support regional economic development through its SBA programs. Whether you’re a startup or an established business, Bank of Franklin County provides guidance and financing options to meet your unique requirements. Their team works closely with clients to navigate the application process and secure funding efficiently, ensuring a smooth experience from application to approval. The bank also offers expertise in SBA loan eligibility and documentation, making it easier for small business owners to access government-backed financing. With a history of supporting small businesses, they are a trusted partner in the local business community, dedicated to fostering growth and sustainability.

Location

Review

Login to Write Your Review

There are no reviews yet.

Q&A

Lender Type
Commercial Bank
Google Rating
3
Google Review Count
22
Question 1
What is this place and what can I find here?
Answer 1
This is a bank that offers SBA loan programs and small business financing solutions designed to help entrepreneurs grow and succeed. You can find assistance with loan applications, guidance on eligibility, and access to government-backed funding options tailored to small businesses in the region.
Question 2
Do I need an appointment or can I walk in?
Answer 2
It is recommended to schedule an appointment to ensure dedicated time with a loan officer, but walk-ins are also welcome during business hours. Calling ahead can help streamline your visit and prepare necessary documentation.
Question 3
What are the hours of operation?
Answer 3
The bank operates from 9:00 AM to 5:00 PM, Monday through Friday. It is advisable to contact the branch directly for specific 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 for simply visiting the bank, but loan application and processing fees may apply if you pursue financing options. These fees are typically disclosed upfront during the application process.
Question 5
Who is this open to — anyone, or only residents/members?
Answer 5
This bank primarily serves small business owners and entrepreneurs in the Washington, MO area, but eligibility for SBA loans is based on business criteria rather than residency alone. Business owners from the region are encouraged to apply.
Question 6
What minimum personal credit score does this bank look for in a guarantor?
Answer 6
A minimum personal credit score of 640 is generally preferred, though other factors such as business financials and collateral are also considered during the approval process.
Question 7
How long does the traditional underwriting process take from start to close?
Answer 7
The underwriting process typically takes between 30 to 60 days, depending on the completeness of your application and the complexity of your financial situation. Working closely with the bank can help expedite the process.
Scroll to Top