Go Back
Report Abuse

Bank of Oak Ridge

0 (0 Reviews)
photo-929.jpg
photo-929.jpg

Description

Bank of Oak Ridge offers comprehensive SBA lending services tailored to small businesses seeking financial support for growth, expansion, or operational needs. With a focus on small business financing, they provide various loan programs including the popular 7(a) loan program, which is ideal for a wide range of business purposes. Their experienced team assists clients through every step of the loan process, ensuring a smooth experience from application to funding. Located in Oak Ridge, NC, this bank specializes in supporting local entrepreneurs and small business owners with flexible lending options and personalized service. They understand the unique challenges faced by small businesses and work diligently to provide solutions that meet individual needs. Whether you’re looking to purchase equipment, refinance debt, or expand your operations, Bank of Oak Ridge is equipped to help you achieve your business goals with competitive rates and terms.

Location

Review

Login to Write Your Review

There are no reviews yet.

Q&A

Lender Type
Commercial Bank
Google Rating
4.8
Google Review Count
165
Question 1
What is this place and what can I find here?
Answer 1
This is a bank that offers SBA loan programs designed to help small businesses access financing for various needs. You can find assistance with loan applications, guidance on SBA programs, and personalized support for your business growth.
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 officer, but walk-ins are also welcome during business hours. Calling ahead can help you prepare and streamline your visit.
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"s best to call ahead to confirm hours or schedule an appointment.
Question 4
Is there a fee to use this?
Answer 4
There are no fees to access basic consultation services; however, standard loan application and processing fees may apply if you proceed with financing.
Question 5
Who is this open to — anyone, or only residents/members?
Answer 5
This bank primarily serves local small business owners in the Oak Ridge area, but they welcome qualified applicants from surrounding regions as well.
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 through this bank.
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 completeness of your application and documentation.
Scroll to Top