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Harborstone CU

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Description

Harborstone CU offers comprehensive SBA lending services tailored for small businesses seeking financial support for growth, expansion, or operational needs. With a focus on personalized customer service, they provide a range of loan options including SBA 7(a) and 504 programs, designed to meet diverse business requirements. Their experienced team guides clients through the application process, ensuring clarity and efficiency from start to finish. Whether you’re looking for working capital, equipment financing, or real estate loans, Harborstone CU strives to deliver flexible solutions with competitive terms. Their commitment to community banking means they understand local market dynamics and aim to foster economic development in the Lakewood area and beyond. The institution supports loans up to $246,500, making them a strong partner for small to medium-sized enterprises. With a history of successful approvals and a focus on SBA programs, Harborstone CU is well-equipped to assist businesses in achieving their financial goals while maintaining personalized service and support.

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Q&A

Lender Type
Commercial Bank
Google Rating
4.8
Google Review Count
377
Question 1
What is this place and what can I find here?
Answer 1
This is a financial institution offering SBA loan programs and small business financing options designed to support your business growth and development.
Question 2
Do I need an appointment or can I walk in?
Answer 2
It is recommended to schedule an appointment to ensure dedicated service, but walk-ins may be accommodated depending on availability.
Question 3
What are the hours of operation?
Answer 3
Typically, hours are Monday through Friday from 9 am to 5 pm, but it is best to contact the branch directly for specific hours.
Question 4
Is there a fee to use this?
Answer 4
There may be fees associated with loan processing and closing, which will be detailed during the application process.
Question 5
Who is this open to — anyone, or only residents/members?
Answer 5
This institution primarily serves members and small business owners, with services available to qualified applicants nationwide.
Question 6
What minimum personal credit score does this bank look for in a guarantor?
Answer 6
A minimum credit score of around 650 is generally preferred, but other factors are also considered.
Question 7
How long does the traditional underwriting process take from start to close?
Answer 7
The process typically takes 30 to 60 days, depending on the complexity of the loan and completeness of documentation.
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