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Capital CU

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Description

Capital CU offers comprehensive SBA lending services tailored to meet the needs of small businesses seeking financing solutions. With a focus on supporting local entrepreneurs, this institution provides a range of loan options including SBA 7(a) loans, which are ideal for business expansion, equipment purchase, or working capital needs. Their experienced team guides clients through the application process, ensuring clarity and support at every step. The bank is committed to fostering economic growth in the Bismarck community and beyond by providing accessible financing options for small and medium-sized enterprises. Whether you’re starting a new venture or expanding an existing business, Capital CU aims to be a reliable partner in your growth journey. They also support various industries, with a particular strength in sectors related to agriculture and services, aligning with their primary NAICS code of 115210. Their loan offerings are designed to accommodate businesses at different stages, from startups to established companies, with flexible terms and competitive rates. The institution prides itself on personalized service, quick turnaround times, and a strong local presence, making it a trusted resource for small business financing in North Dakota.

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Q&A

Lender Type
Commercial Bank
Google Rating
4
Google Review Count
34
Question 1
What is this place and what can I find here?
Answer 1
This is a local bank that offers SBA loan programs designed to help small businesses grow and succeed. They provide personalized support, flexible financing options, and expertise in SBA lending processes to assist entrepreneurs in securing the funding they need.
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 be accommodated depending on availability.
Question 3
What are the hours of operation?
Answer 3
Typically, the bank operates from 8:30 AM to 5:00 PM, Monday through Friday, but it"s best to confirm directly with the branch.
Question 4
Is there a fee to use this?
Answer 4
There are no fees for simply visiting or consulting; fees are associated with loan processing and closing costs, which vary by loan type.
Question 5
Who is this open to — anyone, or only residents/members?
Answer 5
This bank primarily serves residents and small business owners within the region, but eligibility for loans depends on meeting 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 around 640 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 application and completeness of documentation.
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