Global Bank

This is a financial institution that offers SBA loan programs designed to help small and medium-sized businesses access capital for growth and operational needs. You can find information about loan options, application processes, and financial guidance tailored to your business goals.

It's recommended to schedule an appointment with a lending specialist to ensure personalized service, though walk-in consultations may be available during business hours depending on staffing.

The bank's branch hours are typically Monday through Friday from 9:00 AM to 5:00 PM, but it's best to check directly with the branch for specific times or to schedule an appointment.

There are no fees to access basic information about SBA loans, but application and processing fees may apply during the loan application process. Details are provided during the consultation.

This bank primarily serves small business owners and entrepreneurs within its regional service area, but eligibility for SBA loans is based on business criteria rather than residency alone.

A minimum personal credit score of approximately 640 is generally recommended, though higher scores can improve the likelihood of approval.

The underwriting process typically takes between 30 to 60 days, depending on the complexity of the application and completeness of documentation.

Most banks keep weekday business hours and are closed on weekends, and Global Bank typically follows the same pattern. SBA lending staff are generally reachable Monday through Friday. A few locations offer Saturday or by-appointment hours, so call Global Bank to confirm current weekend availability before you go.

Global Bank is located in New York — see the contact card for the full address. Most bank locations offer free on-site or nearby street parking for visitors. For exact directions, the entrance, and accessible parking, use the listed address or call ahead and staff can point you to visitor spaces.

This page is an independent directory listing for Global Bank, an SBA-participating bank. It is maintained by SBA Lenders USA to help borrowers compare lenders — not by Global Bank itself, which runs its own lending under its own ownership. If you work at Global Bank, you can claim this listing from this page to manage it.

The core details for Global Bank — name, location, contact, and lender type — are compiled from public records and reviewed periodically. Rates, programs, credit policies, and hours change often and are not guaranteed here, so always confirm the latest terms directly with Global Bank before applying. If you represent Global Bank, claim this listing to keep its information up to date.

You can reach Global Bank by phone at (212) 991-6666 or online at globalbankny.com — the details are in the contact card on this page. For SBA loans specifically, ask for their business lending or SBA department. Treat this directory page as a starting point and confirm hours and contact details with Global Bank before relying on them.

Like most SBA lenders, Global Bank can finance a broad range of small businesses — common categories include professional services, healthcare practices, restaurants and franchises, retail, light manufacturing, and commercial real estate. Each bank sets its own industry preferences and may avoid sectors it considers higher risk. Ask Global Bank directly which industries it actively lends to before you apply.

SBA Express offers lines of credit and term loans up to $500,000 with a faster turnaround than standard 7(a) loans. Whether Global Bank participates in SBA Express depends on its specific SBA lending authority. Contact Global Bank and ask if it offers SBA Express and what the current limits and terms look like for your situation.

SBA Preferred Lender Program (PLP) status lets a lender approve loans in-house without sending each one to the SBA first, which usually means faster decisions. Many established banks hold PLP status, but it varies by institution. Global Bank can confirm its current PLP standing — ask before you apply if speed matters to you.

The SBA does fund start-ups, but many traditional lenders prefer at least two years of operating history and may ask newer ventures for a larger equity injection or stronger collateral. Global Bank's appetite for start-ups is set by its own credit policy. If you are early-stage or pre-revenue, ask Global Bank directly whether it considers start-up loans.

For SBA 7(a) and 504 commercial real estate loans, borrowers typically contribute around 10% to 20% as a down payment or equity injection, depending on the property and the deal. Exact requirements vary with your credit, the business, and the lender's policy. Ask Global Bank what down payment it expects for your specific commercial real estate purchase.

SBA 7(a) loans with terms under 15 years generally carry no prepayment penalty, while longer real estate loans can have one in the early years. Short-term working capital lines often have no penalty, but terms vary by lender. Review your loan agreement and ask Global Bank to spell out any prepayment penalties before you sign.

SBA loans can be used for a partner or owner buyout, including buying out an existing equity partner, when the deal is structured to meet SBA rules — for example, the remaining owner generally must stay actively involved. Approval depends on the specifics, so discuss your buyout plan with Global Bank to confirm it qualifies and how to document it.

A past personal bankruptcy does not automatically disqualify you from an SBA loan. Lenders look at how long ago it was discharged, the circumstances, and how your credit has recovered since. Global Bank weighs this case by case under its own policy, so be upfront about your history and ask Global Bank how it evaluates prior bankruptcies.