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National Bank of Commerce

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Description

Offering comprehensive SBA lending services, this financial institution specializes in providing small business loans to support growth and development. Whether you’re seeking funding for expansion, equipment, or working capital, they tailor solutions to meet your unique needs. With a focus on SBA programs, they assist entrepreneurs in accessing capital that might otherwise be difficult to obtain through conventional channels. Their experienced team guides clients through the application process, ensuring clarity and support at each step. Located in Superior, WI, they serve local businesses while also supporting broader regional economic development. Their offerings include SBA 7(a) loans, which are ideal for various business purposes, with approval amounts reaching up to $297,000. They are committed to fostering small business success through flexible financing options and personalized service.

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Q&A

Lender Type
Commercial Bank
Google Rating
4.6
Google Review Count
83
Question 1
What is this place and what can I find here?
Answer 1
This is a financial institution offering SBA loans and small business financing solutions designed to help entrepreneurs grow and succeed. You can find assistance with SBA 7(a) loans, personalized support, and guidance through the application process.
Question 2
Do I need an appointment or can I walk in?
Answer 2
It"s recommended to schedule an appointment to ensure dedicated time with a loan officer, but walk-in visits may be accommodated during business hours depending on availability.
Question 3
What are the hours of operation?
Answer 3
The typical hours are Monday through Friday from 9:00 AM to 5:00 PM, but it"s best to call ahead for specific appointment times or after-hours services.
Question 4
Is there a fee to use this?
Answer 4
There are no fees to inquire about or apply for SBA loans, but certain service charges and closing costs may apply depending on the loan terms.
Question 5
Who is this open to — anyone, or only residents/members?
Answer 5
This lender primarily serves small businesses in the Superior, WI region and surrounding areas, focusing on local entrepreneurs and regional economic development.
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 approval depends on overall financial health and business performance.
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 completeness of application materials and loan complexity.
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