Go Back
Report Abuse

Beacon Bank and Trust

0 (0 Reviews)
photo-29.jpg
photo-29.jpg

Description

Beacon Bank and Trust offers comprehensive SBA loan services tailored to small businesses seeking financial support for growth, equipment purchases, or working capital. With a focus on personalized banking solutions, they assist clients through the SBA 7(a) program, providing flexible financing options up to $350,000. Their experienced team guides borrowers through the application process, ensuring clarity and efficiency. Located in Brookline, Massachusetts, they serve a diverse range of industries, emphasizing community development and small business success. The bank is committed to fostering economic growth by offering competitive rates and responsive service. Whether you’re a startup or an established business, Beacon Bank and Trust aims to be your trusted partner in achieving your financial goals.

Location

Review

Login to Write Your Review

There are no reviews yet.

Q&A

Lender Type
Commercial Bank
Google Rating
5
Google Review Count
8
Question 1
What is this place and what can I find here?
Answer 1
This is a regional bank offering SBA loan programs designed to help small businesses grow and succeed. You can find personalized financial solutions, expert guidance, and support for various business needs through their SBA 7(a) lending services.
Question 2
Do I need an appointment or can I walk in?
Answer 2
It is recommended to schedule an appointment to ensure dedicated service, but walk-ins are also welcome during business hours. Contact the branch ahead of your visit for the best experience.
Question 3
What are the hours of operation?
Answer 3
The branch operates Monday through Friday from 9:00 AM to 5:00 PM. Hours may vary on holidays or special occasions, so it’s best to call ahead.
Question 4
Is there a fee to use this?
Answer 4
There are no fees to visit the branch; however, fees may apply for specific banking services or loan processing, which will be disclosed during your consultation.
Question 5
Who is this open to — anyone, or only residents/members?
Answer 5
This bank primarily serves small business owners and residents in the Massachusetts region, but eligibility for SBA loans is based on business criteria and creditworthiness.
Question 6
What minimum personal credit score does this bank look for in a guarantor?
Answer 6
A minimum personal credit score of approximately 650 is generally preferred for SBA loan applications.
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 complexity of the application and completeness of documentation.
Scroll to Top