Evolve Bank and Trust
Description
Evolve Bank and Trust offers comprehensive SBA lending services tailored to small businesses seeking financial growth. With a focus on supporting entrepreneurs, this institution provides various loan options including SBA 7(a) and 504 programs, designed to meet diverse business needs. Their team works closely with clients to facilitate funding for acquisitions, expansions, and working capital, ensuring a smooth application process. Located in West Memphis, AR, they serve a broad range of industries, emphasizing personalized service and flexible financing solutions. Whether you’re a startup or an established business, Evolve Bank and Trust aims to empower your growth with competitive rates and expert guidance.
Location
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Q&A
Lender Type
Commercial Bank
Google Rating
3.3
Google Review Count
10
Question 1
What is this place and what can I find here?
Answer 1
This is a bank that offers SBA loan programs to help small businesses access funding for growth, expansion, and operational needs.
Question 2
Do I need an appointment or can I walk in?
Answer 2
It"s recommended to schedule an appointment, but walk-ins are also welcome depending on availability.
Question 3
What are the hours of operation?
Answer 3
The bank operates Monday through Friday from 9:00 AM to 5:00 PM.
Question 4
Is there a fee to use this?
Answer 4
There are no fees for accessing SBA loan consultations, but standard loan fees and closing costs apply when funding is secured.
Question 5
Who is this open to — anyone, or only residents/members?
Answer 5
This service is open to small businesses nationwide, regardless of residency, provided they meet the eligibility criteria.
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 preferred, but other factors also influence approval.
Question 7
How long does the traditional underwriting process take from start to close?
Answer 7
The underwriting process typically takes 30 to 60 days, depending on the complexity of the application and completeness of documentation.