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Kearny Bank

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Description

Kearny Bank offers comprehensive SBA lending services designed to support small businesses in securing the capital they need for growth and operational success. With a focus on the 7A loan program, this bank provides tailored financing solutions that cater to a variety of business needs, including working capital, equipment purchase, and real estate acquisition. Their experienced team guides borrowers through every step of the application process, ensuring clarity and efficiency. The bank’s commitment to small business growth is reflected in their flexible lending criteria and personalized service approach. Whether you’re a startup or an established enterprise, Kearny Bank aims to facilitate your business ambitions with competitive rates and dedicated support. Their expertise in SBA loans helps streamline approval processes, making it easier for entrepreneurs to access vital funding. Additionally, they offer advice on loan structuring and repayment options to suit your financial situation. Located conveniently in Kearny, NJ, the bank serves a diverse client base, emphasizing community development and economic vitality. Their SBA program history demonstrates a strong track record of successful loan approvals, with approvals reaching up to approximately $1,059,800. For small business owners seeking reliable SBA financing, Kearny Bank provides an accessible and knowledgeable partner to help achieve your business goals.

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Q&A

Lender Type
Commercial Bank
Google Rating
3.6
Google Review Count
15
Question 1
What is this place and what can I find here?
Answer 1
This is a financial institution offering SBA loan programs to support small business growth, including tailored financing options and expert guidance throughout the application process.
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, the bank operates from 9:00 AM to 5:00 PM, Monday through Friday, but hours may vary, so it"s best to contact ahead.
Question 4
Is there a fee to use this?
Answer 4
There are no fees for simply visiting or consulting; however, loan applications and processing may involve standard fees associated with SBA financing.
Question 5
Who is this open to — anyone, or only residents/members?
Answer 5
This bank primarily serves small business owners in the community, but eligibility for loans depends on meeting specific financial criteria.
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 generally preferred, though higher scores improve approval chances.
Question 7
How long does the traditional underwriting process take from start to close?
Answer 7
The process typically takes between 30 to 60 days, depending on the complexity of the loan and completeness of documentation.
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