Go Back
Report Abuse

Elements Financial Federal Credit Union

0 (0 Reviews)
photo-1087.jpg
photo-1087.jpg

Description

Elements Financial Federal Credit Union offers a range of SBA financing options designed to support small businesses in their growth and operational needs. With a focus on providing accessible funding solutions, this institution specializes in SBA 7(a) loans, helping entrepreneurs secure capital for expansion, equipment purchase, or working capital. Their team is committed to guiding clients through the application process, ensuring a smooth experience from start to finish. Located in Indianapolis, they serve local businesses while also supporting a broader regional community. The credit union is known for its personalized service and competitive loan terms, making it a reliable partner for small business owners seeking SBA-backed financing.

Location

Review

Login to Write Your Review

There are no reviews yet.

Q&A

Lender Type
Commercial Bank
Google Rating
4.3
Google Review Count
236
Question 1
What is this place and what can I find here?
Answer 1
This is a financial institution offering SBA-backed loans and small business financing solutions. You can find assistance with loan applications, funding options, and personalized financial guidance to support your business growth.
Question 2
Do I need an appointment or can I walk in?
Answer 2
It is 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
Typically, they operate from 9 am to 5 pm, Monday through Friday, but it’s best to confirm directly with the branch for specific hours.
Question 4
Is there a fee to use this?
Answer 4
There may be application and closing fees associated with loans, but there is no fee simply to access their services or inquire about financing.
Question 5
Who is this open to — anyone, or only residents/members?
Answer 5
Membership is generally required, which is open to small business owners and certain community members, but eligibility criteria can vary.
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 typically preferred, though approval depends on overall financial health and business performance.
Question 7
How long does the traditional underwriting process take from start to close?
Answer 7
The underwriting process usually takes approximately 30 to 60 days, depending on the complexity of the application and completeness of documentation.
Scroll to Top