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First Security Bank

First Security Bank offers comprehensive SBA loan services tailored to small and medium-sized businesses seeking financial support for growth, expansion, or operational needs. With a focus on the SBA 7(a) program, the bank provides flexible financing options that include working capital, equipment purchase, and real estate acquisition. Their experienced lending team guides clients through the application process, ensuring a smooth experience from start to finish. Located in Searcy, Arkansas, the bank has a strong local presence and a commitment to supporting regional businesses. They understand the unique challenges faced by local entrepreneurs and offer personalized solutions to meet diverse financial requirements. Whether you’re a startup or an established business, First Security Bank aims to facilitate your success with tailored loan products and dedicated customer service. Their expertise in SBA lending makes them a reliable partner for business owners looking to leverage government-backed financing options to grow sustainably.

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Lender Type

Commercial Bank

Google Rating

3.9

Google Review Count

Question 1

What is this place and what can I find here?

Answer 1

This is a local bank offering SBA loan programs designed to support small and medium-sized businesses with flexible financing options and personalized service.

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 are also welcome during business hours.

Question 3

What are the hours of operation?

Answer 3

The bank operates Monday through Friday from 8:30 AM to 5:00 PM, with additional hours by appointment.

Question 4

Is there a fee to use this?

Answer 4

There are no fees for accessing basic information; fees for loans depend on the specific product and terms, which are disclosed upfront.

Question 5

Who is this open to — anyone, or only residents/members?

Answer 5

This bank primarily serves local residents and businesses within the region, but qualified applicants from outside the area may also be considered.

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 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 45 days, depending on the complexity of the loan and completeness of documentation.

First Security Bank

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