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INB, National Association

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Description

Offering comprehensive financial services tailored for small businesses, this commercial bank specializes in SBA loans to support growth and expansion. With a focus on small business lending, it provides access to capital through various SBA programs, including the 7(a) loan program, which is ideal for working capital, equipment, and real estate purchases. The bank’s experienced team guides clients through the application process, ensuring a smooth experience from start to finish. Located in Springfield, Illinois, the bank serves local entrepreneurs and small business owners, helping them achieve their business goals with flexible financing options and personalized service. The institution maintains a strong reputation for supporting small business development and economic growth in the region. Whether you’re starting a new venture or expanding an existing operation, this lender offers the financial tools necessary to succeed.

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Q&A

Lender Type
Commercial Bank
Google Rating
2.7
Google Review Count
7
Question 1
What is this place and what can I find here?
Answer 1
This is a commercial bank that offers SBA loan programs designed to support small business growth. You can find information about loan options, application processes, and personalized financial services tailored to entrepreneurs and small business owners.
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 officer, but walk-ins are also welcome during business hours. Calling ahead can help streamline your visit.
Question 3
What are the hours of operation?
Answer 3
The bank"s typical hours are Monday through Friday from 9:00 AM to 5:00 PM. It is advisable to contact the branch directly for specific hours or to schedule an appointment.
Question 4
Is there a fee to use this?
Answer 4
There are no fees for visiting or consulting with the bank, but loan processing and application fees may apply depending on the services used. It"s best to discuss fee details during your consultation.
Question 5
Who is this open to — anyone, or only residents/members?
Answer 5
This bank primarily serves small business owners and entrepreneurs, with services available to clients nationwide, though local support is concentrated in Springfield, Illinois.
Question 6
What minimum personal credit score does this bank look for in a guarantor?
Answer 6
Typically, the bank looks for a minimum personal credit score of around 650, but this can vary based on the loan type and overall financial profile of the applicant.
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 the application.
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