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Capitol National Bank

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Description

Capitol National Bank offers comprehensive SBA lending solutions tailored to small and medium-sized businesses seeking financial support for growth, working capital, or acquisition needs. With a focus on personalized service, the bank provides access to various SBA programs including the 7(a) loan program, which is ideal for business expansion, equipment purchase, or refinancing. Their team works closely with clients to understand their unique needs and guide them through the application process, ensuring a smooth experience from start to finish. Located in Lansing, Michigan, the bank leverages its local expertise to serve the regional business community effectively. Whether you’re a startup or an established enterprise, Capitol National Bank aims to facilitate your business goals through flexible lending options and dedicated support. Their commitment to small business success is evident in their tailored financial products and attentive customer service, making them a trusted partner for SBA financing.

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Q&A

Lender Type
Commercial Bank
Google Rating
3.4
Google Review Count
5
Question 1
What is this place and what can I find here?
Answer 1
This is a bank that provides SBA loan options to small and medium-sized businesses, helping them grow and succeed. You can find personalized financial services, expert guidance, and access to SBA programs like the 7(a) loan, tailored to meet your business needs.
Question 2
Do I need an appointment or can I walk in?
Answer 2
It"s recommended to schedule an appointment to ensure dedicated assistance, but walk-ins are also welcome during business hours. Calling ahead can help you meet with the right loan officer and streamline your application process.
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 on holidays, so it"s best to check their website or call ahead for specific times.
Question 4
Is there a fee to use this?
Answer 4
There are no fees to access basic consultation services, but loan processing involves standard SBA fees, including guarantee fees and closing costs, which vary depending on the loan terms.
Question 5
Who is this open to — anyone, or only residents/members?
Answer 5
This bank primarily serves local residents and businesses in the Lansing area, but they also support regional clients seeking SBA financing solutions.
Question 6
What minimum personal credit score does this bank look for in a guarantor?
Answer 6
A minimum personal credit score of 620 is generally required, though higher scores may improve loan eligibility and terms.
Question 7
How long does the traditional underwriting process take from start to close?
Answer 7
The underwriting process typically takes around 30 to 45 days, depending on the complexity of the loan and completeness of the application.
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