Go Back
Report Abuse

First Federal Savings and Loan Association of Lakewood

0 (0 Reviews)
photo-913.jpg
photo-913.jpg

Description

Offering comprehensive SBA lending services, this financial institution specializes in supporting small businesses through various loan programs. With a focus on the SBA 7(a) program, it provides funding solutions tailored to meet the needs of entrepreneurs seeking capital for growth, working capital, or acquisition. The bank’s experienced team guides clients through the application process, ensuring clarity and support at every step. Located in Lakewood, Ohio, it serves local businesses while also supporting nationwide clients with its flexible lending options. The institution is known for its personalized service and competitive approval amounts, with the largest recorded approval reaching $172,600. Whether you’re starting a new venture or expanding an existing business, this bank offers the financial products necessary to turn your business goals into reality.

Location

Review

Login to Write Your Review

There are no reviews yet.

Q&A

Lender Type
Commercial Bank
Google Rating
4
Google Review Count
235
Question 1
What is this place and what can I find here?
Answer 1
This is a bank that offers SBA loan programs designed to help small businesses access capital for growth, working capital, or acquisitions. You can find personalized support and flexible financing options tailored to your business needs.
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 are also welcome during business hours. Calling ahead can help you prepare the necessary documentation.
Question 3
What are the hours of operation?
Answer 3
The bank operates from 9:00 AM to 5:00 PM, Monday through Friday. It"s advisable to confirm hours before visiting or scheduling an appointment.
Question 4
Is there a fee to use this?
Answer 4
There are fees associated with SBA loans, including application and closing costs, which vary depending on the loan amount and type. These fees are disclosed upfront during the application process.
Question 5
Who is this open to — anyone, or only residents/members?
Answer 5
This bank primarily serves small business owners and entrepreneurs, with a focus on supporting local and national clients seeking SBA financing options.
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 the exact requirement can vary based on the loan type and overall financial profile.
Question 7
How long does the traditional underwriting process take from start to close?
Answer 7
The underwriting process generally takes between 30 to 45 days, depending on the completeness of your application and the complexity of your loan request.
Scroll to Top