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Banterra Bank

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Description

Banterra Bank offers comprehensive SBA lending solutions tailored for small businesses seeking growth capital, working capital, or acquisition financing. With a focus on supporting local entrepreneurs, the bank provides expertise in navigating SBA loan programs, ensuring streamlined access to funding. Their team works closely with clients to understand their unique needs, helping them secure loans up to $240,000 under the SBA 7(a) program. The bank emphasizes personalized service and flexible terms, making it a reliable partner for small business owners in the region. Whether you’re starting a new venture, expanding operations, or refinancing existing debt, Banterra Bank’s SBA lending team is dedicated to guiding you through the process efficiently and effectively. Their commitment to supporting small businesses is evident in their tailored solutions and attentive customer service, making them a strong choice for SBA financing in the Marion area.

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Q&A

Lender Type
Commercial Bank
Google Rating
4.7
Google Review Count
87
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, helping entrepreneurs secure funding for growth and operations.
Question 2
Do I need an appointment or can I walk in?
Answer 2
It"s 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 from 9:00 AM to 5:00 PM, Monday through Friday.
Question 4
Is there a fee to use this?
Answer 4
Fees are associated with loan processing and closing costs; there is no fee simply to access the bank"s services.
Question 5
Who is this open to — anyone, or only residents/members?
Answer 5
This bank"s services are primarily available to small business owners within the region, but they serve a broad range of clients 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 640 is generally recommended for loan consideration.
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 documentation.
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