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Greater State Bank

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Description

Greater State Bank offers comprehensive SBA lending services tailored to small and medium-sized businesses seeking financial support for growth, expansion, or operational needs. With a focus on personalized service, the bank provides various loan options including SBA 7(a) loans, which are ideal for working capital, equipment purchase, or real estate acquisition. The bank’s experienced team guides clients through the application process, ensuring clarity and efficiency. Their SBA program history demonstrates a strong commitment to supporting small business success. Located in McAllen, Texas, the bank serves a diverse range of industries, with particular strength in healthcare and service sectors. Whether you’re a startup or an established enterprise, Greater State Bank aims to facilitate your business goals with flexible lending solutions and expert advice.

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Q&A

Lender Type
Commercial Bank
Google Rating
3.7
Google Review Count
3
Question 1
What is this place and what can I find here?
Answer 1
This is a financial institution that provides SBA loan programs and small business financing options. You can find personalized lending services, expert guidance, and support for business growth and expansion.
Question 2
Do I need an appointment or can I walk in?
Answer 2
It is recommended to schedule an appointment to ensure dedicated time with a loan specialist, but walk-ins are also welcome during business hours.
Question 3
What are the hours of operation?
Answer 3
The bank operates Monday through Friday from 9:00 AM to 5:00 PM, with additional hours by appointment.
Question 4
Is there a fee to use this?
Answer 4
There are no fees to visit or consult; however, loan processing and application fees may apply depending on the loan terms.
Question 5
Who is this open to — anyone, or only residents/members?
Answer 5
This service is open to small business owners and entrepreneurs who meet the SBA eligibility criteria, regardless of residency within the region.
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 required, though higher 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 between 30 to 60 days, depending on the completeness of the application and documentation provided.
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