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Border Bank

Border Bank offers comprehensive SBA lending services tailored to small businesses seeking financial support for growth, expansion, or operational needs. With a focus on personalized service, the bank provides various SBA loan options, including the popular 7(a) program, to help entrepreneurs access the capital they need. The bank’s experienced team guides clients through the application process, ensuring clarity and efficiency. Whether you’re looking to finance equipment, real estate, or working capital, Border Bank is equipped to assist with flexible lending solutions. Their strong community presence and commitment to local businesses make them a trusted partner in North Dakota’s small business ecosystem. The bank’s expertise in SBA loans enables them to support a diverse range of industries, emphasizing personalized service and competitive terms. They also offer guidance on eligibility, documentation, and repayment options, making the process straightforward for new and existing clients alike. With a focus on building long-term relationships, Border Bank aims to empower local entrepreneurs to succeed and grow within the regional economy.

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Lender Type

Commercial Bank

Google Rating

4.7

Google Review Count

Question 1

What is this place and what can I find here?

Answer 1

This is a community-focused bank offering SBA loan options and financial guidance for small businesses in North Dakota. You can find personalized support for business growth, expansion, and operational needs, including assistance with the SBA 7(a) program.

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. Contact the branch beforehand for the best experience.

Question 3

What are the hours of operation?

Answer 3

The bank operates from 9:00 AM to 5:00 PM, Monday through Friday. Hours may vary on holidays, so it"s best to call ahead or check their website for specific times.

Question 4

Is there a fee to use this?

Answer 4

There are no fees for initial consultations; however, loan processing and application fees may apply depending on the loan type and amount. Discuss fee details directly with a loan officer.

Question 5

Who is this open to — anyone, or only residents/members?

Answer 5

This bank primarily serves local residents and small business owners within the region. Eligibility for specific loan programs may depend on residency and business location.

Question 6

What minimum personal credit score does this bank look for in a guarantor?

Answer 6

A minimum personal credit score of around 640 is generally required, but higher scores improve approval chances and loan terms.

Question 7

How long does the traditional underwriting process take from start to close?

Answer 7

The underwriting process typically takes between 2 to 4 weeks, depending on the complexity of the loan and completeness of documentation provided.

Border Bank

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