Go Back
Report Abuse

CommunityAmerica Federal Credit Union

photo-625.jpg
photo-625.jpg

Description

Offering comprehensive SBA lending services, this financial institution specializes in supporting small businesses through various loan programs. They provide tailored financing options to help entrepreneurs grow and expand their operations, including SBA 7(a) loans which are ideal for working capital, equipment, and real estate purchases. With a focus on personalized service, they assist clients in navigating the complexities of SBA lending, ensuring a smooth application process from start to finish. Their experienced team understands the unique needs of small businesses and offers guidance on eligibility, documentation, and repayment terms. Whether you’re a startup or an established company looking to scale, this lender is equipped to provide the financial solutions you need to succeed.

Location

There are no reviews yet.

Q&A

Lender Type
Commercial Bank
Google Rating
3.5
Google Review Count
100
Question 1
What is this place and what can I find here?
Answer 1
This is a financial institution offering SBA loan programs designed to support small business growth. You can find information about loan options, application procedures, and personalized assistance for your business financing needs.
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 specialist, but walk-in consultations may also be available during business hours.
Question 3
What are the hours of operation?
Answer 3
Typically, the branch operates from 9 AM to 5 PM, Monday through Friday, but it"s best to contact them directly for specific hours and any holiday closures.
Question 4
Is there a fee to use this?
Answer 4
There are no fees to visit or consult; however, loan processing and application fees may apply depending on the services used.
Question 5
Who is this open to — anyone, or only residents/members?
Answer 5
This institution primarily serves members and small business owners, but eligibility for loans is based on creditworthiness and 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 650 is generally preferred, but higher scores improve the chances of approval and better terms.
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.
Scroll to Top