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First Harrison Bank

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Description

First Harrison Bank offers comprehensive SBA lending services tailored to small businesses seeking financial support for growth, expansion, or operational needs. With a focus on small business financing, the bank provides SBA 7(a) loans, which are ideal for a variety of purposes including working capital, equipment purchase, and real estate acquisition. The bank’s experienced lending team guides clients through the application process, ensuring a smooth experience from start to finish. Known for its personalized service, First Harrison Bank supports local entrepreneurs and small business owners with flexible terms and competitive rates. The bank’s SBA program history demonstrates a strong commitment to helping small businesses succeed, leveraging its expertise to facilitate approval of substantial loan amounts, up to $1,724,300 in recorded approvals. Whether you’re a startup or an established business, First Harrison Bank is dedicated to providing accessible financing options that meet your unique needs and contribute to your long-term growth.

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Q&A

Lender Type
Commercial Bank
Google Rating
4
Google Review Count
28
Question 1
What is this place and what can I find here?
Answer 1
This is a commercial bank offering SBA loan programs and small business financing solutions designed to help entrepreneurs grow and succeed. You can find personalized lending services, expert guidance, and access to various SBA loan 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 time with a lending specialist, but walk-in consultations may also be available during business hours.
Question 3
What are the hours of operation?
Answer 3
The bank typically operates Monday through Friday from 9:00 AM to 5:00 PM, but hours may vary by location, so it"s best to contact them directly for specific times.
Question 4
Is there a fee to use this?
Answer 4
There are no fees to inquire about or apply for SBA loans, though standard loan closing costs and fees may apply depending on the loan terms.
Question 5
Who is this open to — anyone, or only residents/members?
Answer 5
This bank primarily serves small business owners and entrepreneurs within its geographic region, but eligibility depends on meeting SBA and lending criteria.
Question 6
What minimum personal credit score does this bank look for in a guarantor?
Answer 6
A minimum personal credit score of 620 is generally required to qualify for SBA loans, though higher scores improve approval chances.
Question 7
How long does the traditional underwriting process take from start to close?
Answer 7
The underwriting process typically takes between 30 to 60 days, depending on the complexity of the application and completeness of documentation.
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