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Genisys CU

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Description

Offering comprehensive SBA lending services, this financial institution specializes in supporting small businesses with a range of loan options including the SBA 7(a) program. They provide tailored financing solutions to help businesses grow, expand, or manage cash flow effectively. With a focus on personalized service, they assist entrepreneurs in navigating the complexities of SBA loans, ensuring a smooth application process. The bank’s experienced team is dedicated to understanding each client’s unique needs and delivering flexible funding options. Whether you’re looking for working capital, equipment financing, or real estate loans, they are equipped to serve a diverse array of industries. Their commitment to small business success is reflected in their extensive support and guidance throughout the loan process. Located in Auburn Hills, MI, they are accessible to local businesses and also serve a broader regional clientele. This institution boasts a strong record of approving sizable loans, with approval amounts reaching up to $2,349,500. Their history with the SBA 7(a) program underscores their expertise in small business financing, making them a reliable partner for entrepreneurs seeking SBA-backed loans.

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Q&A

Lender Type
Commercial Bank
Google Rating
4.2
Google Review Count
252
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 business growth and expansion. You can find assistance with SBA 7(a) loans, including guidance through the application process and tailored financing options.
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. It"s advisable to call ahead for specific appointment times or after-hours service.
Question 4
Is there a fee to use this?
Answer 4
There are no fees for simply visiting or consulting; however, loan application and processing fees may apply depending on the loan terms.
Question 5
Who is this open to — anyone, or only residents/members?
Answer 5
This bank primarily serves small business owners and entrepreneurs in the Auburn Hills area and surrounding regions, but eligibility depends on meeting loan criteria.
Question 6
What minimum personal credit score does this bank look for in a guarantor?
Answer 6
Typically, a personal credit score of 640 or higher is preferred, but requirements may vary based on the loan specifics and borrower profile.
Question 7
How long does the traditional underwriting process take from start to close?
Answer 7
The underwriting process generally takes between 30 to 60 days, depending on the complexity of the loan and completeness of the application.
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