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Flanagan State Bank

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Description

Flanagan State Bank offers comprehensive SBA lending services tailored to small and medium-sized businesses. With a focus on supporting local entrepreneurs, the bank provides various loan options including the SBA 7(a) program, which is ideal for business acquisitions, working capital, and equipment purchases. Their experienced lending team guides clients through the application process, ensuring a smooth experience from start to finish. The bank’s commitment to community development is reflected in their personalized service and flexible financing solutions. Whether you’re expanding your operations or starting a new venture, Flanagan State Bank is dedicated to helping your business succeed with tailored financial products and expert advice.

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Q&A

Lender Type
Commercial Bank
Google Rating
3.1
Google Review Count
13
Question 1
What is this place and what can I find here?
Answer 1
This is a community-focused bank offering SBA loan programs and personalized financial services for small businesses. You can find support for business growth, equipment financing, and working capital needs, along with expert guidance throughout the loan process.
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 you prepare and streamline your visit.
Question 3
What are the hours of operation?
Answer 3
The bank operates from 8:30 AM to 4:30 PM, Monday through Friday. It"s best to call ahead for specific services or to confirm appointment availability.
Question 4
Is there a fee to use this?
Answer 4
There are no fees for simply visiting or consulting with a loan officer. Loan application fees and closing costs may apply depending on the specific financing product.
Question 5
Who is this open to — anyone, or only residents/members?
Answer 5
This bank primarily serves residents and businesses within the regional area, but they welcome inquiries from prospective clients outside their immediate community as well.
Question 6
What minimum personal credit score does this bank look for in a guarantor?
Answer 6
Typically, a minimum personal credit score of 650 is preferred, though this can vary based on the loan type and overall financial profile.
Question 7
How long does the traditional underwriting process take from start to close?
Answer 7
The underwriting process generally takes 2 to 4 weeks, depending on the completeness of your application and the complexity of your financial situation.
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