CoreFirst Bank & Trust
CoreFirst Bank & Trust is an active SBA lender in the United States, a bank offering SBA-guaranteed small-business loans. Currently rated 3.5 stars across 42 Google reviews.
$19M
in SBA approvals since 2010
39
SBA loans funded
Automotive Repair & Services · Wholesale & Distribution · Restaurants & Food Service
Top industries financed
Source: U.S. SBA 7(a) & 504 FOIA loan-approval records (FY2010–present).
About CoreFirst Bank & Trust
CoreFirst Bank & Trust offers comprehensive SBA lending services tailored to meet the needs of small businesses seeking financial support for growth, expansion, or operational needs. With a focus on personalized service, the bank provides access to the SBA 7(a) loan program, which is ideal for a variety of business purposes including working capital, equipment purchase, and real estate acquisition. The bank's experienced lending team works closely with clients to structure loans that fit their unique circumstances, ensuring smooth approval processes and competitive terms. Whether you're a startup or an established business, CoreFirst Bank & Trust can help you access the capital you need to succeed, leveraging their strong local presence and extensive industry knowledge. The bank also offers guidance on the application process, helping clients understand eligibility requirements and documentation needed. Their commitment to supporting small businesses in the Topeka area makes them a trusted partner for entrepreneurs looking to grow their operations with SBA-backed financing.
Common questions about CoreFirst Bank & Trust
What is this place and what can I find here?
This is a commercial bank offering SBA loan programs and financial services tailored for small businesses seeking growth or operational funding. You can find assistance with loan applications, personalized financial advice, and access to SBA-backed financing options designed to support local entrepreneurs. The bank's team is dedicated to helping small businesses navigate the lending process smoothly and efficiently.
Do I need an appointment or can I walk in?
It's recommended to schedule an appointment to ensure dedicated time with a lending specialist, but walk-ins are also welcome during business hours. Calling ahead can help you prepare the necessary documentation and streamline your visit.
What are the hours of operation?
The bank operates from Monday to Friday, 9:00 AM to 5:00 PM. Hours may vary on holidays, so it's best to contact the branch directly for specific scheduling details.
Is there a fee to use this?
There are no fees for initial consultations; however, standard loan application and processing fees may apply depending on the financing arrangement. These fees are disclosed upfront during the application process.
Who is this open to — anyone, or only residents/members?
This service is open to small business owners in the Topeka region seeking SBA financing, regardless of residency, provided they meet the eligibility criteria for the loan programs.
What minimum personal credit score does this bank look for in a guarantor?
A minimum personal credit score of 620 is generally required for guarantors applying for SBA loans through this bank.
How long does the traditional underwriting process take from start to close?
The underwriting process typically takes between 30 to 45 days, depending on the completeness of documentation and the complexity of the loan request.
Is this open on weekends?
Most banks keep weekday business hours and are closed on weekends, and CoreFirst Bank & Trust typically follows the same pattern. SBA lending staff are generally reachable Monday through Friday. A few locations offer Saturday or by-appointment hours, so call CoreFirst Bank & Trust to confirm current weekend availability before you go.
How do I get there and where do I park?
CoreFirst Bank & Trust is located at the address listed on this page — see the contact card for the full address. Most bank locations offer free on-site or nearby street parking for visitors. For exact directions, the entrance, and accessible parking, use the listed address or call ahead and staff can point you to visitor spaces.
Who owns or operates this listing?
This page is an independent directory listing for CoreFirst Bank & Trust, an SBA-participating bank. It is maintained by SBA Lenders USA to help borrowers compare lenders — not by CoreFirst Bank & Trust itself, which runs its own lending under its own ownership. If you work at CoreFirst Bank & Trust, you can claim this listing from this page to manage it.
How current is the information on this page?
The core details for CoreFirst Bank & Trust — name, location, contact, and lender type — are compiled from public records and reviewed periodically. Rates, programs, credit policies, and hours change often and are not guaranteed here, so always confirm the latest terms directly with CoreFirst Bank & Trust before applying. If you represent CoreFirst Bank & Trust, claim this listing to keep its information up to date.
How do I contact this listing directly?
You can reach CoreFirst Bank & Trust by phone at (785) 267-8900 or online at corefirstbank.com — the details are in the contact card on this page. For SBA loans specifically, ask for their business lending or SBA department. Treat this directory page as a starting point and confirm hours and contact details with CoreFirst Bank & Trust before relying on them.
What core industries does this commercial bank traditionally choose to finance?
Like most SBA lenders, CoreFirst Bank & Trust can finance a broad range of small businesses — common categories include professional services, healthcare practices, restaurants and franchises, retail, light manufacturing, and commercial real estate. Each bank sets its own industry preferences and may avoid sectors it considers higher risk. Ask CoreFirst Bank & Trust directly which industries it actively lends to before you apply.
Can I apply for an SBA Express line of credit at this branch?
SBA Express offers lines of credit and term loans up to $500,000 with a faster turnaround than standard 7(a) loans. Whether CoreFirst Bank & Trust participates in SBA Express depends on its specific SBA lending authority. Contact CoreFirst Bank & Trust and ask if it offers SBA Express and what the current limits and terms look like for your situation.
Does this bank have Preferred Lender Provider status with the government?
SBA Preferred Lender Program (PLP) status lets a lender approve loans in-house without sending each one to the SBA first, which usually means faster decisions. Many established banks hold PLP status, but it varies by institution. CoreFirst Bank & Trust can confirm its current PLP standing — ask before you apply if speed matters to you.
Are start-up companies eligible for financing at this traditional institution?
The SBA does fund start-ups, but many traditional lenders prefer at least two years of operating history and may ask newer ventures for a larger equity injection or stronger collateral. CoreFirst Bank & Trust's appetite for start-ups is set by its own credit policy. If you are early-stage or pre-revenue, ask CoreFirst Bank & Trust directly whether it considers start-up loans.
What are the typical down payment expectations for commercial real estate acquisitions?
For SBA 7(a) and 504 commercial real estate loans, borrowers typically contribute around 10% to 20% as a down payment or equity injection, depending on the property and the deal. Exact requirements vary with your credit, the business, and the lender's policy. Ask CoreFirst Bank & Trust what down payment it expects for your specific commercial real estate purchase.
Does this bank impose prepayment penalties on short-term working capital facilities?
SBA 7(a) loans with terms under 15 years generally carry no prepayment penalty, while longer real estate loans can have one in the early years. Short-term working capital lines often have no penalty, but terms vary by lender. Review your loan agreement and ask CoreFirst Bank & Trust to spell out any prepayment penalties before you sign.
Can I use loan proceeds from this bank to buy out an existing equity partner?
SBA loans can be used for a partner or owner buyout, including buying out an existing equity partner, when the deal is structured to meet SBA rules — for example, the remaining owner generally must stay actively involved. Approval depends on the specifics, so discuss your buyout plan with CoreFirst Bank & Trust to confirm it qualifies and how to document it.
Will historical personal bankruptcies automatically disqualify my loan application here?
A past personal bankruptcy does not automatically disqualify you from an SBA loan. Lenders look at how long ago it was discharged, the circumstances, and how your credit has recovered since. CoreFirst Bank & Trust weighs this case by case under its own policy, so be upfront about your history and ask CoreFirst Bank & Trust how it evaluates prior bankruptcies.