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First State Bank of Texas

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Description

First State Bank of Texas offers comprehensive SBA lending services tailored to meet the needs of small businesses seeking financial support for growth, expansion, or operational needs. With a focus on small to medium-sized enterprises, the bank provides various SBA loan programs, including the popular 7(a) loan program, to facilitate access to capital with flexible terms and competitive rates. Located in Orange, TX, the bank has a strong local presence and a history of supporting regional economic development. Their experienced team works closely with borrowers to understand their unique circumstances and craft financing solutions that align with their goals. Whether you’re starting a new venture or expanding an existing business, First State Bank of Texas aims to be a trusted partner in your success. The bank’s expertise in SBA lending ensures that clients receive personalized guidance throughout the application process, from initial consultation to funding approval. They also offer assistance with documentation, eligibility, and repayment planning to make the process as smooth as possible. Known for their community-focused approach, First State Bank of Texas is committed to fostering local business growth and creating opportunities within the region. Their dedicated SBA lending division is equipped to handle a variety of industries, with a particular strength in manufacturing and industrial sectors. If you’re looking for a reliable partner to help secure SBA financing, this bank provides the resources and expertise to support your business ambitions.

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Q&A

Lender Type
Commercial Bank
Google Rating
3.3
Google Review Count
10
Question 1
What is this place and what can I find here?
Answer 1
This is a bank that offers SBA loan programs and financial services tailored to small businesses, including support for startups and expansions.
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 specialist, but walk-ins may be accommodated depending on availability.
Question 3
What are the hours of operation?
Answer 3
The bank operates from 9:00 AM to 5:00 PM, Monday through Friday, with appointments available outside regular hours upon request.
Question 4
Is there a fee to use this?
Answer 4
There are no fees to visit or consult; fees may apply for loan processing and related services, which will be 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 Orange, TX region, but may consider out-of-area clients based on eligibility.
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 for guarantors, though stronger 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 30 to 45 days, depending on the completeness of documentation and loan complexity.
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