Buffalo Federal Bank
Buffalo Federal Bank is an active SBA lender in Wyoming, a bank offering SBA-guaranteed small-business loans. Currently rated 4.3 stars across 15 Google reviews.
About Buffalo Federal Bank
Buffalo Federal Bank offers comprehensive SBA lending services tailored to small businesses seeking financial support for growth, expansion, or operational needs. Specializing in SBA 7(a) loans, the bank provides flexible financing options with competitive terms to help entrepreneurs achieve their goals. Whether you're looking for working capital, equipment financing, or real estate loans, this institution is equipped to assist with a variety of funding solutions. Their experienced team works closely with clients to understand their unique circumstances and craft personalized loan packages that meet their needs. With a focus on community development and small business success, Buffalo Federal Bank is committed to fostering economic growth in the Buffalo area and beyond. The bank's commitment to customer service and financial expertise makes it a trusted partner for small business owners seeking SBA-backed financing. From initial application to final approval, they streamline the process to ensure a smooth experience for borrowers. Their dedication to supporting local businesses has established them as a reliable resource for SBA lending in Wyoming.
Common questions about Buffalo Federal Bank
What is this place and what can I find here?
This is a financial institution specializing in SBA loan programs, offering small businesses access to funding for growth, expansion, and operational needs. You can find personalized support, flexible loan options, and expert guidance throughout the application process.
Do I need an appointment or can I walk in?
It's recommended to schedule an appointment to ensure dedicated time with a loan officer, but walk-ins may be accommodated depending on availability. Contact the bank in advance for the best experience.
What are the hours of operation?
Buffalo Federal Bank's Buffalo branch operates Monday-Thursday 8:30am-4:00pm and Friday 8:30am-5:00pm (lobby); Drive-up window Monday-Thursday 7:30am-4:30pm and Friday 7:30am-5:00pm. Confirm current hours directly with the lender.
Is there a fee to use this?
There are no fees for initial consultations; however, loan application and closing fees may apply depending on the financing terms. Always review the fee structure before proceeding.
Who is this open to — anyone, or only residents/members?
This bank primarily serves small business owners in Wyoming and surrounding areas, focusing on local economic development. Eligibility depends on meeting credit and business criteria.
What minimum personal credit score does this bank look for in a guarantor?
A minimum personal credit score of around 640 is generally preferred, though higher scores may improve loan terms and approval chances.
How long does the traditional underwriting process take from start to close?
The underwriting process typically takes between 30 to 45 days, depending on the complexity of the application and completeness of documentation.
Is this open on weekends?
Most banks keep weekday business hours and are closed on weekends, and Buffalo Federal Bank typically follows the same pattern. SBA lending staff are generally reachable Monday through Friday. A few locations offer Saturday or by-appointment hours, so call Buffalo Federal Bank to confirm current weekend availability before you go.
How do I get there and where do I park?
Buffalo Federal Bank is located in Wyoming — see the contact card for the full address. Most bank locations offer free on-site or nearby street parking for visitors. For exact directions, the entrance, and accessible parking, use the listed address or call ahead and staff can point you to visitor spaces.
Who owns or operates this listing?
This page is an independent directory listing for Buffalo Federal Bank, an SBA-participating bank. It is maintained by SBA Lenders USA to help borrowers compare lenders — not by Buffalo Federal Bank itself, which runs its own lending under its own ownership. If you work at Buffalo Federal Bank, you can claim this listing from this page to manage it.
How current is the information on this page?
The core details for Buffalo Federal Bank — name, location, contact, and lender type — are compiled from public records and reviewed periodically. Rates, programs, credit policies, and hours change often and are not guaranteed here, so always confirm the latest terms directly with Buffalo Federal Bank before applying. If you represent Buffalo Federal Bank, claim this listing to keep its information up to date.
How do I contact this listing directly?
You can reach Buffalo Federal Bank by phone at (307) 684-5591 or online at buffalofed.com — the details are in the contact card on this page. For SBA loans specifically, ask for their business lending or SBA department. Treat this directory page as a starting point and confirm hours and contact details with Buffalo Federal Bank before relying on them.
What core industries does this commercial bank traditionally choose to finance?
Like most SBA lenders, Buffalo Federal Bank can finance a broad range of small businesses — common categories include professional services, healthcare practices, restaurants and franchises, retail, light manufacturing, and commercial real estate. Each bank sets its own industry preferences and may avoid sectors it considers higher risk. Ask Buffalo Federal Bank directly which industries it actively lends to before you apply.
Can I apply for an SBA Express line of credit at this branch?
SBA Express offers lines of credit and term loans up to $500,000 with a faster turnaround than standard 7(a) loans. Whether Buffalo Federal Bank participates in SBA Express depends on its specific SBA lending authority. Contact Buffalo Federal Bank and ask if it offers SBA Express and what the current limits and terms look like for your situation.
Does this bank have Preferred Lender Provider status with the government?
SBA Preferred Lender Program (PLP) status lets a lender approve loans in-house without sending each one to the SBA first, which usually means faster decisions. Many established banks hold PLP status, but it varies by institution. Buffalo Federal Bank can confirm its current PLP standing — ask before you apply if speed matters to you.
Are start-up companies eligible for financing at this traditional institution?
The SBA does fund start-ups, but many traditional lenders prefer at least two years of operating history and may ask newer ventures for a larger equity injection or stronger collateral. Buffalo Federal Bank's appetite for start-ups is set by its own credit policy. If you are early-stage or pre-revenue, ask Buffalo Federal Bank directly whether it considers start-up loans.
What are the typical down payment expectations for commercial real estate acquisitions?
For SBA 7(a) and 504 commercial real estate loans, borrowers typically contribute around 10% to 20% as a down payment or equity injection, depending on the property and the deal. Exact requirements vary with your credit, the business, and the lender's policy. Ask Buffalo Federal Bank what down payment it expects for your specific commercial real estate purchase.
Does this bank impose prepayment penalties on short-term working capital facilities?
SBA 7(a) loans with terms under 15 years generally carry no prepayment penalty, while longer real estate loans can have one in the early years. Short-term working capital lines often have no penalty, but terms vary by lender. Review your loan agreement and ask Buffalo Federal Bank to spell out any prepayment penalties before you sign.
Can I use loan proceeds from this bank to buy out an existing equity partner?
SBA loans can be used for a partner or owner buyout, including buying out an existing equity partner, when the deal is structured to meet SBA rules — for example, the remaining owner generally must stay actively involved. Approval depends on the specifics, so discuss your buyout plan with Buffalo Federal Bank to confirm it qualifies and how to document it.
Will historical personal bankruptcies automatically disqualify my loan application here?
A past personal bankruptcy does not automatically disqualify you from an SBA loan. Lenders look at how long ago it was discharged, the circumstances, and how your credit has recovered since. Buffalo Federal Bank weighs this case by case under its own policy, so be upfront about your history and ask Buffalo Federal Bank how it evaluates prior bankruptcies.
