Go Back
Report Abuse

Beacon Business Bank National Association

photo-99.png
photo-99.png

Description

Beacon Business Bank offers comprehensive SBA lending solutions tailored to small and medium-sized businesses seeking financial support for growth, equipment, or working capital. With a focus on personalized service, the bank provides various SBA programs including the popular 7(a) loan program, which helps businesses secure funding with flexible terms and competitive rates. Their team specializes in guiding clients through the application process, ensuring a smooth experience from start to finish. Located in the heart of San Francisco, they serve a diverse range of industries, emphasizing their commitment to supporting local economic development. The bank’s expertise extends to supporting loans up to $440,300, making them a reliable partner for businesses looking for substantial financial assistance. Whether you’re a startup or an established enterprise, Beacon Business Bank aims to facilitate your growth with tailored financial products and expert guidance.

Location

There are no reviews yet.

Q&A

Lender Type
Commercial Bank
Question 1
What is this place and what can I find here?
Answer 1
This is a bank offering SBA loan programs and small business financing solutions, providing expert guidance to help your business grow.
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 specialist, but walk-ins may also be accommodated depending on availability.
Question 3
What are the hours of operation?
Answer 3
The bank"s typical hours are Monday through Friday from 9 am to 5 pm, but it"s best to check directly for any variations or special hours.
Question 4
Is there a fee to use this?
Answer 4
There are no fees to access basic banking services, but loan application and processing fees may apply depending on the specific financing arrangement.
Question 5
Who is this open to — anyone, or only residents/members?
Answer 5
This bank primarily serves local residents and small business owners, but SBA loan programs are available to qualified applicants nationwide.
Question 6
What minimum personal credit score does this bank look for in a guarantor?
Answer 6
A minimum personal credit score of around 650 is generally preferred, though higher scores improve approval chances.
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 loan and completeness of the application.
Scroll to Top