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Heritage Bank of Commerce

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Description

Heritage Bank of Commerce offers comprehensive SBA lending solutions tailored to small and medium-sized businesses seeking financing options to grow and expand. With a focus on supporting local enterprises, the bank provides various loan programs including the SBA 7(a) loan, which is ideal for working capital, equipment purchases, and real estate acquisitions. Their experienced lending 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. The bank maintains a strong presence in the San Jose area, leveraging local market knowledge to assist businesses in navigating their financial options effectively. Whether you’re a startup or an established company, Heritage Bank of Commerce aims to foster business success with flexible financing solutions and personalized service. They are committed to helping entrepreneurs access the capital they need to thrive in competitive markets, emphasizing quick turnaround times and transparent terms. Their SBA lending programs are designed to support a diverse range of industries, with particular expertise in sectors like manufacturing, healthcare, and retail. By offering tailored financial products and dedicated support, Heritage Bank of Commerce helps local businesses achieve their growth ambitions and sustain long-term success.

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Q&A

Lender Type
Commercial Bank
Google Rating
2.9
Google Review Count
12
Question 1
What is this place and what can I find here?
Answer 1
This is a bank that provides SBA loan options to help your business grow, with personalized support and flexible financing solutions tailored to your needs.
Question 2
Do I need an appointment or can I walk in?
Answer 2
It"s recommended to schedule an appointment with their lending team, but walk-ins may be accommodated depending on availability.
Question 3
What are the hours of operation?
Answer 3
The bank typically operates from 9:00 AM to 5:00 PM, Monday through Friday, but hours may vary by location.
Question 4
Is there a fee to use this?
Answer 4
There are no fees to access basic banking services, but specific loan applications may involve origination and closing costs.
Question 5
Who is this open to — anyone, or only residents/members?
Answer 5
This bank primarily serves local residents and businesses in the San Jose area, but eligibility depends on meeting lending criteria.
Question 6
What minimum personal credit score does this bank look for in a guarantor?
Answer 6
Typically, a minimum personal credit score of 650 is preferred for loan approval.
Question 7
How long does the traditional underwriting process take from start to close?
Answer 7
The underwriting process usually takes between 30 to 45 days, depending on the complexity of the loan and completeness of documentation.
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