Go Back

First State Bank Nebraska

First State Bank Nebraska offers comprehensive SBA lending services tailored to small and medium-sized businesses seeking financial support for growth, expansion, or operational needs. With a focus on the Nebraska region, the bank provides SBA 7(a) loans, which are ideal for various business purposes including 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 competitive terms and prompt approval. The bank’s commitment to supporting local businesses is reflected in their personalized service and flexible financing options. They also support SBA 504 loans for real estate and equipment financing, making them a versatile partner for business development. Whether you’re a startup or an established enterprise, First State Bank Nebraska aims to facilitate your growth through tailored SBA solutions and dedicated support.

Review

There are no reviews yet.

Lender Type

Commercial Bank

Google Rating

3.2

Google Review Count

Question 1

What is this place and what can I find here?

Answer 1

This is a commercial bank that offers SBA loan programs designed to support small and medium-sized businesses in Nebraska, including 7(a) and 504 loans. You can find personalized financing options, expert guidance, and resources to help your business grow and succeed.

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 loan officer, but walk-ins are also welcome during business hours. Calling ahead can help streamline your visit and prepare necessary documentation.

Question 3

What are the hours of operation?

Answer 3

The bank operates from 8:30 AM to 5:00 PM, Monday through Friday. It"s best to call ahead to confirm hours or schedule an appointment.

Question 4

Is there a fee to use this?

Answer 4

There are no fees for accessing general banking services, but SBA loan applications may include processing and guarantee fees. These are typically disclosed during the application process.

Question 5

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

Answer 5

This bank primarily serves businesses and residents in Nebraska, focusing on supporting local economic growth. Non-residents may need to meet certain criteria to qualify for specific loan programs.

Question 6

What minimum personal credit score does this bank look for in a guarantor?

Answer 6

A minimum personal credit score of around 640 is generally preferred, but the exact requirement may vary based on the loan type and borrower profile.

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.

First State Bank Nebraska

Description

Location

Review

Q&A