Go Back
Report Abuse

CRF Small Business Loan Company, LLC

0 (0 Reviews)
CRF Small Business Loan Company, LLC
CRF Small Business Loan Company, LLC

Description

CRF Small Business Loan Company, LLC offers comprehensive SBA lending solutions tailored to small businesses seeking financial support for growth and expansion. With a focus on SBA 7(a) loans, this lender provides flexible financing options that can be used for various business needs including working capital, equipment purchase, and real estate acquisition. Their experienced team guides clients through the application process, ensuring clarity and efficiency from start to finish. Located in Minneapolis, MN, they serve a diverse range of industries with a primary strength in the hospitality sector, leveraging their extensive knowledge of local market dynamics. The lender supports loan amounts up to $530,000, making it an ideal partner for small to mid-sized enterprises. They are committed to helping entrepreneurs access the capital they need to succeed, offering personalized service and expert advice to navigate SBA programs effectively.

Location

Review

Login to Write Your Review

There are no reviews yet.

Q&A

Lender Type
Commercial Bank
Google Rating
3
Google Review Count
1
Question 1
What is this place and what can I find here?
Answer 1
This is a financial institution that offers SBA lending programs designed to help small businesses access capital for growth and operational needs. You can find information about loan options, application processes, and industry expertise here.
Question 2
Do I need an appointment or can I walk in?
Answer 2
It is recommended to schedule an appointment to ensure personalized service, but walk-ins may be accommodated depending on availability. Contact their office in advance for the best experience.
Question 3
What are the hours of operation?
Answer 3
The office typically operates during regular business hours from 9:00 AM to 5:00 PM, Monday through Friday. It’s best to confirm hours directly with the branch.
Question 4
Is there a fee to use this?
Answer 4
There are no fees to visit or inquire; however, loan processing and closing may involve standard fees such as guarantee fees and closing costs.
Question 5
Who is this open to — anyone, or only residents/members?
Answer 5
This lender primarily serves small businesses within the region, but eligibility depends on meeting SBA program requirements and credit criteria.
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, but this can vary based on the overall strength of the application.
Question 7
How long does the traditional underwriting process take from start to close?
Answer 7
The underwriting process generally takes between 30 to 60 days, depending on the completeness of the application and documentation provided.
Scroll to Top