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Citizens Bank

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Description

Citizens Bank offers comprehensive SBA lending services tailored to small businesses seeking financial support for growth, expansion, or operational needs. With a focus on fostering local economic development, this bank provides various SBA loan programs, including the popular 7(a) loan program, to help entrepreneurs access capital with flexible terms. Their experienced lending 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. Whether you’re looking to purchase equipment, real estate, or manage working capital, Citizens Bank is equipped to support your business ambitions. Located in Elizabethton, Tennessee, they serve a broad region with a commitment to community banking and personalized service. The bank’s expertise in SBA loans makes it a reliable partner for small business owners seeking to leverage government-backed financing options. Their loan offerings are designed to accommodate various industries, with a strong emphasis on supporting local businesses in the manufacturing, retail, and service sectors. With a history of approving loans up to $514,000, Citizens Bank is well-positioned to meet diverse funding needs, providing both stability and growth opportunities for small business clients.

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Q&A

Lender Type
Commercial Bank
Google Rating
4.7
Google Review Count
172
Question 1
What is this place and what can I find here?
Answer 1
This is a bank that offers SBA loan programs to help small businesses access financing for growth, equipment, or real estate needs. You can find information about loan options, application processes, and personalized support for your business goals.
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-in consultations may also be available during business hours.
Question 3
What are the hours of operation?
Answer 3
The bank"s typical hours are Monday through Friday from 9:00 AM to 5:00 PM, but it"s best to contact the branch directly for specific appointment times.
Question 4
Is there a fee to use this?
Answer 4
There are no fees to inquire about SBA loans, but loan processing and application fees may apply depending on the loan type and amount.
Question 5
Who is this open to — anyone, or only residents/members?
Answer 5
This bank primarily serves small business owners and entrepreneurs in the Elizabethton region and surrounding areas, but eligibility is based on creditworthiness and business 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 recommended, 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 loan and completeness of documentation.
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