Oxford Bank

This is a commercial bank that offers SBA loan programs and financial services tailored to small businesses, helping them access capital for growth and operational needs.

It's recommended to schedule an appointment to meet with a lender, but walk-in consultations may be available during business hours.

Oxford Bank's Oxford branch is open Monday through Friday from 9 a.m. to 5 p.m. for the lobby, with drive-through service until 8 p.m. weekdays and Saturday from 7 a.m. to 5 p.m. Please confirm hours before visiting.

There are no fees to visit the bank; however, loan application and processing fees may apply depending on the services used.

This bank primarily serves local small businesses and residents in the Oxford area, but business clients from surrounding regions may also be eligible.

A minimum personal credit score of around 640 is generally preferred, but other factors are also considered during the approval process.

The underwriting process typically takes 30 to 45 days, depending on the complexity of the loan and completeness of the application.

Oxford Bank's Oxford branch offers drive-through service on Saturday from 7 a.m. to 5 p.m., but is closed on Sunday. Contact the bank directly to confirm weekend availability for SBA lending staff.

Oxford Bank is located in Michigan — see the contact card for the full address. Most bank locations offer free on-site or nearby street parking for visitors. For exact directions, the entrance, and accessible parking, use the listed address or call ahead and staff can point you to visitor spaces.

This page is an independent directory listing for Oxford Bank, an SBA-participating bank. It is maintained by SBA Lenders USA to help borrowers compare lenders — not by Oxford Bank itself, which runs its own lending under its own ownership. If you work at Oxford Bank, you can claim this listing from this page to manage it.

The core details for Oxford Bank — name, location, contact, and lender type — are compiled from public records and reviewed periodically. Rates, programs, credit policies, and hours change often and are not guaranteed here, so always confirm the latest terms directly with Oxford Bank before applying. If you represent Oxford Bank, claim this listing to keep its information up to date.

You can reach Oxford Bank by phone at (248) 572-2030 or online at oxfordbank.com — the details are in the contact card on this page. For SBA loans specifically, ask for their business lending or SBA department. Treat this directory page as a starting point and confirm hours and contact details with Oxford Bank before relying on them.

Based on its approved SBA loans, Oxford Bank most often finances businesses in restaurants & food service, manufacturing, construction & contractors, medical practices & clinics, general retail, and fitness & recreation. This reflects Oxford Bank's real SBA 7(a) and 504 lending history rather than a stated policy — it can still consider other industries and sets its own current preferences, so confirm with Oxford Bank which sectors it actively lends to before you apply.

SBA Express offers lines of credit and term loans up to $500,000 with a faster turnaround than standard 7(a) loans. Whether Oxford Bank participates in SBA Express depends on its specific SBA lending authority. Contact Oxford Bank and ask if it offers SBA Express and what the current limits and terms look like for your situation.

SBA Preferred Lender Program (PLP) status lets a lender approve loans in-house without sending each one to the SBA first, which usually means faster decisions. Many established banks hold PLP status, but it varies by institution. Oxford Bank can confirm its current PLP standing — ask before you apply if speed matters to you.

Oxford Bank offers SBA financing available for start-up businesses as well as purchasing and refinancing existing businesses. Confirm terms and eligibility directly with Oxford Bank's business lending team.

For SBA 7(a) and 504 commercial real estate loans, borrowers typically contribute around 10% to 20% as a down payment or equity injection, depending on the property and the deal. Exact requirements vary with your credit, the business, and the lender's policy. Ask Oxford Bank what down payment it expects for your specific commercial real estate purchase.

SBA 7(a) loans with terms under 15 years generally carry no prepayment penalty, while longer real estate loans can have one in the early years. Short-term working capital lines often have no penalty, but terms vary by lender. Review your loan agreement and ask Oxford Bank to spell out any prepayment penalties before you sign.

SBA loans can be used for a partner or owner buyout, including buying out an existing equity partner, when the deal is structured to meet SBA rules — for example, the remaining owner generally must stay actively involved. Approval depends on the specifics, so discuss your buyout plan with Oxford Bank to confirm it qualifies and how to document it.

A past personal bankruptcy does not automatically disqualify you from an SBA loan. Lenders look at how long ago it was discharged, the circumstances, and how your credit has recovered since. Oxford Bank weighs this case by case under its own policy, so be upfront about your history and ask Oxford Bank how it evaluates prior bankruptcies.