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Continental Bank

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Description

Specializing in small business financing, this commercial bank offers a range of SBA loan programs designed to support entrepreneurs and business owners. Whether you’re seeking funding for expansion, equipment, or working capital, the bank provides tailored solutions to meet your needs. With a focus on the SBA 7(a) program, it assists clients in accessing capital with flexible terms and competitive rates. The bank’s experienced lending team guides borrowers through the application process, ensuring clarity and support at every step. Located in Salt Lake City, the bank serves local businesses while also supporting clients nationwide through its comprehensive SBA offerings. Its commitment to small business growth is evident in its personalized service and extensive industry knowledge, making it a reliable partner for entrepreneurs seeking financial assistance.

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Q&A

Lender Type
Commercial Bank
Google Rating
4.3
Google Review Count
11
Question 1
What is this place and what can I find here?
Answer 1
This is a commercial bank that offers SBA loan programs to small businesses, providing financing options like 7(a) loans 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 service, 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 AM to 5 PM, but it"s best to confirm by contacting the branch directly.
Question 4
Is there a fee to use this?
Answer 4
There are no fees to visit the bank; however, loan application and processing fees may apply depending on the financing option.
Question 5
Who is this open to — anyone, or only residents/members?
Answer 5
The bank primarily serves small business owners and entrepreneurs, with lending available nationwide to qualified applicants.
Question 6
What minimum personal credit score does this bank look for in a guarantor?
Answer 6
A minimum personal credit score of 640 is generally required, though other factors 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 around 30 to 60 days, depending on the complexity of the loan and completeness of documentation.
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