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Community Investment Corporation

Community Investment Corporation
Community Investment Corporation

Description

Community Investment Corporation offers comprehensive financial services tailored to small businesses seeking SBA-backed loans. They specialize in providing accessible funding options to support business growth, expansion, and operational needs. With a focus on small business financing, they facilitate loans through the SBA 7(a) program, helping entrepreneurs secure the capital they need to succeed. Their team is dedicated to guiding clients through the application process, ensuring clarity and support at every step. Located in Hamden, Connecticut, they serve a diverse range of industries, emphasizing personalized service and local economic development. Whether you’re starting a new venture or expanding an existing one, CIC is equipped to assist with various loan sizes and terms. Their expertise includes working with businesses in retail, services, manufacturing, and other sectors, making them a versatile partner for small business owners. They aim to foster economic growth in the region by providing flexible financing solutions that meet the unique needs of each client. From initial consultation to funding disbursement, CIC maintains a client-focused approach, ensuring a smooth and transparent process. Their commitment to community development is reflected in their support for local entrepreneurs and small business initiatives. If you’re looking for a trusted partner to help navigate SBA loan options, Community Investment Corporation is ready to assist with your funding goals.

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Q&A

Lender Type
Commercial Bank
Google Rating
4
Google Review Count
1
Question 1
What is this place and what can I find here?
Answer 1
This is a community-focused SBA lender offering small business loans and financial services to support local entrepreneurs and economic development.
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, with appointments available outside these hours upon request.
Question 4
Is there a fee to use this?
Answer 4
There are no fees for initial consultations; applicable loan fees are disclosed during the application process.
Question 5
Who is this open to — anyone, or only residents/members?
Answer 5
This service is open to small business owners in the region, primarily serving Connecticut-based entrepreneurs.
Question 6
What minimum personal credit score does this bank look for in a guarantor?
Answer 6
Typically, a minimum personal credit score of 650 is preferred, though other factors are also considered.
Question 7
How long does the traditional underwriting process take from start to close?
Answer 7
The underwriting process usually takes between 30 to 45 days, depending on the complexity of the application and completeness of documentation.
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