Go Back

City Bank & Trust Co.

City Bank & Trust Co. offers comprehensive SBA lending services tailored to small and medium-sized businesses seeking financing options. With a focus on supporting local enterprises, this institution provides various loan programs, including the SBA 7(a) loan program, to help businesses grow, purchase equipment, or expand operations. Their experienced team guides clients through the application process, ensuring a smooth experience from start to finish. Located at 2929 Pine Lake Rd in Lincoln, NE, they serve a diverse range of industries, with particular strength in sectors like transportation and logistics. The bank is committed to fostering economic development within the region, offering flexible terms and competitive rates. Whether you’re a startup or an established business, City Bank & Trust Co. is dedicated to helping you achieve your financial goals with personalized service and expert advice.

Review

There are no reviews yet.

Lender Type

Commercial Bank

Google Rating

Google Review Count

Question 1

What is this place and what can I find here?

Answer 1

This is a trusted SBA lender offering various loan programs designed to support small business growth, including the SBA 7(a) loan program. You can find assistance with funding for expansion, equipment, and working capital needs, guided by experienced professionals dedicated to helping your business succeed.

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. Contact the bank in advance to confirm the best way to meet your needs.

Question 3

What are the hours of operation?

Answer 3

The bank operates during standard business hours, typically from 9:00 AM to 5:00 PM, Monday through Friday. It"s advisable to call ahead to confirm specific hours or to schedule an appointment.

Question 4

Is there a fee to use this?

Answer 4

There are no fees for simply visiting or consulting with the bank; however, loan processing and application fees may apply depending on the specific loan program and terms.

Question 5

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

Answer 5

This bank primarily serves local residents and businesses within the region, but businesses from outside the area may also qualify if they meet lending criteria.

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 to qualify for SBA loans, 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.

City Bank & Trust Co.

Description

Location

Review

Q&A