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GFA FCU

GFA FCU offers comprehensive SBA lending solutions tailored to small businesses seeking financial growth and stability. With a focus on supporting local entrepreneurs, this institution provides a range of loan options including SBA 7(a) loans, which are ideal for working capital, equipment purchases, and expansion projects. Their team works closely with borrowers to understand their unique needs and craft suitable financing packages. Located at 229 Parker St in Gardner, MA, GFA FCU leverages its community presence to facilitate accessible lending options. They support businesses within various industries, especially those aligned with their primary NAICS code 312120, which pertains to breweries. The institution is committed to helping small businesses thrive by offering flexible terms and personalized service, making it a reliable partner for local economic development.

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Lender Type

Commercial Bank

Google Rating

4.2

Google Review Count

193

Question 1

What is this place and what can I find here?

Answer 1

This is a community-focused financial institution offering SBA loans and banking services designed to support small businesses in the Gardner area and beyond.

Question 2

Do I need an appointment or can I walk in?

Answer 2

You can walk in for assistance or schedule an appointment to discuss your loan needs with their staff directly.

Question 3

What are the hours of operation?

Answer 3

The branch is typically open weekdays from 9 am to 5 pm, but it"s best to call ahead for specific hours or to schedule an appointment.

Question 4

Is there a fee to use this?

Answer 4

There are no fees for basic inquiries, but loan processing and application fees may apply depending on the service.

Question 5

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

Answer 5

This institution primarily serves members of the credit union and local small business owners within the community.

Question 6

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

Answer 6

A minimum personal credit score of around 650 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 30 to 60 days, depending on the complexity of the loan and completeness of documentation.

GFA FCU

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