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Haven Savings Bank

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Description

Haven Savings Bank offers comprehensive SBA lending services tailored to small businesses seeking financial support for growth, expansion, or operational needs. With a focus on the New Jersey region, this bank provides flexible loan options including the popular 7(a) program, which is ideal for a variety of business purposes. Their team specializes in guiding clients through the loan process, ensuring clarity and support at every step, whether you’re a startup or an established enterprise. The bank’s expertise extends to supporting businesses in diverse industries, with a particular strength in serving the local community of Hoboken. They prioritize personalized service, helping entrepreneurs access the capital they need to succeed and thrive in competitive markets. From initial application to funding, Haven Savings Bank is committed to making the lending process straightforward and accessible for small business owners.

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Q&A

Lender Type
Commercial Bank
Google Rating
2.9
Google Review Count
14
Question 1
What is this place and what can I find here?
Answer 1
This is a bank that offers SBA loans and small business financing options, helping entrepreneurs access the capital they need to grow and succeed.
Question 2
Do I need an appointment or can I walk in?
Answer 2
It"s recommended to schedule an appointment to ensure dedicated assistance, 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 am to 5 pm, with extended hours by appointment upon request.
Question 4
Is there a fee to use this?
Answer 4
There are no fees to visit the bank; however, loan application and processing fees may apply depending on the loan type.
Question 5
Who is this open to — anyone, or only residents/members?
Answer 5
This bank primarily serves small business owners and entrepreneurs in the Hoboken area and surrounding regions.
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 required, but approval depends on overall financial health and business strength.
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 loan and completeness of documentation.
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