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Carolina Community Impact, Inc.

Offering comprehensive SBA financing options, this lender specializes in supporting small businesses with tailored loan programs. They provide expertise in SBA 7(a) loans, helping entrepreneurs secure funding for growth, working capital, or acquisitions. Located in Raleigh, NC, they serve a diverse range of industries, focusing on fostering local economic development and business success. Their team is dedicated to guiding clients through the application process, ensuring they understand the requirements and benefits of SBA loans. With a strong track record of approvals up to $90,000, they aim to assist small businesses in achieving their financial goals efficiently and effectively. Whether you’re a startup or an established company, this lender offers personalized service to meet your unique needs, emphasizing quick turnaround times and competitive terms. They are committed to supporting the community and providing accessible financial solutions to help local businesses thrive.

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Lender Type

Commercial Bank

Google Rating

4.6

Google Review Count

Question 1

What is this place and what can I find here?

Answer 1

This is a community-focused SBA lender offering small business financing options, including SBA 7(a) loans, to support local entrepreneurs and economic growth in Raleigh and surrounding areas.

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 may be accommodated depending on availability.

Question 3

What are the hours of operation?

Answer 3

The office operates from 9:00 AM to 5:00 PM, Monday through Friday. Appointments outside these hours can be arranged upon request.

Question 4

Is there a fee to use this?

Answer 4

There are no fees for initial consultations; however, standard loan application and processing fees may apply depending on the loan type.

Question 5

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

Answer 5

This lender primarily serves small businesses within the Raleigh region, but eligibility is based on business criteria rather than residency alone.

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 other factors may also influence approval.

Question 7

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

Answer 7

The underwriting process typically takes 2 to 4 weeks, depending on the completeness of the application and supporting documents.

Carolina Community Impact, Inc.

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