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First Service Credit Union

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Description

First Service Credit Union offers comprehensive SBA lending solutions tailored to small businesses seeking financial support for growth, expansion, or operational needs. With a focus on personalized service, they provide various loan programs including the SBA 7(a) program, which is ideal for a wide range of business purposes such as working capital, equipment purchase, and real estate acquisition. Their experienced lending team works closely with clients to understand their unique needs and guide them through the application process, ensuring a smooth experience from start to finish. Located in Houston, TX, they serve local entrepreneurs and small business owners, helping them access the capital necessary to succeed. The credit union’s commitment to community development and small business growth makes them a trusted partner for financial solutions that support long-term success.

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Q&A

Lender Type
Commercial Bank
Google Rating
4.3
Google Review Count
204
Question 1
What is this place and what can I find here?
Answer 1
This is a commercial bank that provides SBA loan programs and financial services tailored to small businesses, helping them access capital for growth and operational needs.
Question 2
Do I need an appointment or can I walk in?
Answer 2
It is recommended to schedule an appointment to ensure dedicated assistance, but walk-ins are also welcome during business hours.
Question 3
What are the hours of operation?
Answer 3
The branch operates Monday through Friday from 9:00 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 basic inquiries; fees may apply for loan processing and other services, which will be disclosed upfront.
Question 5
Who is this open to — anyone, or only residents/members?
Answer 5
This institution primarily serves members of the credit union, which includes residents of the Houston area and eligible employees or affiliates.
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 approval depends on overall financial health and collateral.
Question 7
How long does the traditional underwriting process take from start to close?
Answer 7
The underwriting process typically takes between 2 to 4 weeks, depending on the complexity of the application and completeness of documentation.
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