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Coastal Community Bank

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Description

Coastal Community Bank offers comprehensive SBA lending services tailored to small and medium-sized businesses seeking financial support for growth, expansion, or operational needs. With a focus on personalized service, the bank provides various SBA loan programs including the popular 7(a) loan program, which is ideal for a wide range of business purposes such as working capital, equipment purchase, or real estate acquisition. The bank’s 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. Located in Everett, Washington, Coastal Community Bank serves local businesses while also supporting clients across the region with flexible lending options and competitive terms. The bank emphasizes quick turnaround times and personalized attention, making it a trusted partner for small business owners looking to access SBA financing. Whether you’re a startup or an established business, Coastal Community Bank is committed to helping you achieve your financial goals with tailored solutions and expert guidance.

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Q&A

Lender Type
Commercial Bank
Google Rating
2.9
Google Review Count
33
Question 1
What is this place and what can I find here?
Answer 1
This is a bank that provides SBA loan programs tailored to small and medium-sized businesses, offering personalized financial solutions to support growth and expansion.
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 lending specialist, but walk-ins may be accommodated depending on availability.
Question 3
What are the hours of operation?
Answer 3
The bank"s typical hours are Monday through Friday, 9:00 AM to 5:00 PM, but it"s best to contact the branch directly for specific hours or after-hours appointments.
Question 4
Is there a fee to use this?
Answer 4
There are no fees for visiting the bank; however, certain loan applications or services may involve processing or origination fees as part of the loan agreement.
Question 5
Who is this open to — anyone, or only residents/members?
Answer 5
This bank primarily serves local residents and businesses in the Everett area and surrounding regions, but its SBA lending services are available to qualifying small businesses nationwide.
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 preferred, though other factors may also influence approval decisions.
Question 7
How long does the traditional underwriting process take from start to close?
Answer 7
The underwriting process typically takes between 30 to 45 days, depending on the complexity of the application and completeness of documentation.
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