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Harvest Bank

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Description

Harvest 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 the 7(a) loan program, the bank provides flexible financing options up to $2,091,000, helping businesses access capital efficiently. Their experienced team works closely with clients to understand their unique needs and guide them through the application process, ensuring a smooth experience from start to finish. Located in Kimball, Minnesota, Harvest Bank is committed to supporting local businesses and fostering economic development in the region. The bank’s expertise spans various industries, with a particular strength in serving retail, manufacturing, and service sectors. Whether you’re a startup or an established business, Harvest Bank offers personalized solutions designed to meet your specific financial goals. Their dedicated SBA lending specialists are available to assist with loan structuring, application submission, and ongoing support, making them a trusted partner for business growth.

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Q&A

Lender Type
Commercial Bank
Google Rating
4.5
Google Review Count
8
Question 1
What is this place and what can I find here?
Answer 1
This is a financial institution offering SBA loan programs designed to help small and medium-sized businesses access capital for growth, expansion, or operational needs. You can find personalized lending solutions, expert guidance, and support throughout the loan process.
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 lending specialist, but walk-ins may be accommodated depending on availability. Contact the bank ahead of your visit for the best experience.
Question 3
What are the hours of operation?
Answer 3
The bank"s typical hours are Monday through Friday, from 8:30 AM to 4:30 PM. It"s advisable to call ahead to confirm hours or schedule an appointment.
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 during the financing process. These fees are discussed upfront during your loan consultation.
Question 5
Who is this open to — anyone, or only residents/members?
Answer 5
This service is primarily available to local businesses in Minnesota, especially those seeking SBA financing. Eligibility depends on meeting loan criteria and business qualifications.
Question 6
What minimum personal credit score does this bank look for in a guarantor?
Answer 6
A minimum personal credit score of around 640 is typically preferred, but the exact requirement 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 application and completeness of documentation provided.
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