Cape and Coast Bank
Description
Offering comprehensive SBA lending services, this financial institution specializes in supporting small businesses with tailored financing options. Whether you’re seeking funding for expansion, equipment, or working capital, they provide expertise in navigating SBA loan programs to meet your needs. Their team is committed to helping entrepreneurs succeed by offering personalized guidance and competitive rates. With a focus on small business growth, they assist clients through the entire loan process, ensuring clarity and efficiency. Located at 25 Benjamin Franklin Way in Hyannis, MA, they serve a broad range of industries, emphasizing community development and economic vitality.
Location
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Q&A
Lender Type
Commercial Bank
Google Rating
3.9
Google Review Count
16
Question 1
What is this place and what can I find here?
Answer 1
This is a community-focused bank offering SBA loan programs and small business financing solutions. You can find expert guidance, personalized service, and a variety of loan options to support your business goals.
Question 2
Do I need an appointment or can I walk in?
Answer 2
Appointments are recommended to ensure dedicated time with a loan officer, but walk-in consultations may be available during business hours. It"s best to call ahead to confirm availability.
Question 3
What are the hours of operation?
Answer 3
The bank operates Monday through Friday from 9:00 AM to 5:00 PM. Special hours may apply for holidays or appointments outside regular hours.
Question 4
Is there a fee to use this?
Answer 4
There are no fees to visit or consult with the bank; however, certain loan processing or application fees may apply during the financing process.
Question 5
Who is this open to — anyone, or only residents/members?
Answer 5
This bank primarily serves local residents and small business owners in the region, but they may consider applications from out-of-area clients based on specific criteria.
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 preferred, though other factors such as cash flow and collateral are also considered.
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.