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Lakeview Bank

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Description

Lakeview 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 personalized service, they provide a variety of loan options including the SBA 7(a) program, which is ideal for funding working capital, equipment, or real estate purchases. Their experienced team guides clients through the application process, ensuring clarity and efficiency from start to finish. The bank’s expertise in SBA lending helps businesses secure competitive terms and favorable rates, making it a trusted partner for entrepreneurs looking to leverage government-backed financing. Located in Lakeville, Minnesota, they serve a broad client base with a commitment to supporting local economic development and business success. Whether you’re a startup or an established enterprise, Lakeview Bank’s SBA programs can provide the capital needed to achieve your business goals.

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Q&A

Lender Type
Commercial Bank
Google Rating
4.5
Google Review Count
15
Question 1
What is this place and what can I find here?
Answer 1
This is a commercial bank offering SBA loan programs and financial services tailored to small and medium-sized businesses. You can find assistance with business loans, growth capital, and expert guidance on SBA financing options.
Question 2
Do I need an appointment or can I walk in?
Answer 2
It"s recommended to schedule an appointment to ensure dedicated service, but walk-ins are also welcome during business hours. Calling ahead can help you prepare for your visit.
Question 3
What are the hours of operation?
Answer 3
The bank operates from 9:00 AM to 5:00 PM, Monday through Friday. Special hours may apply for holidays or special events.
Question 4
Is there a fee to use this?
Answer 4
There are no fees to access basic consultation services, but loan applications and processing may involve standard fees such as guaranty fees and closing costs.
Question 5
Who is this open to — anyone, or only residents/members?
Answer 5
This bank primarily serves local businesses in the Lakeville area and surrounding regions, but qualified applicants from other areas may also be considered.
Question 6
What minimum personal credit score does this bank look for in a guarantor?
Answer 6
A minimum personal credit score of 620 is generally required to qualify for SBA loans.
Question 7
How long does the traditional underwriting process take from start to close?
Answer 7
The underwriting process typically takes between 30 to 60 days, depending on the complexity of the application and completeness of documentation.
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