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Parkside Financial Bank & Trust

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Description

Offering comprehensive SBA lending services, this commercial bank specializes in supporting small businesses with various financing options. Whether you’re seeking a loan for expansion, equipment purchase, or working capital, they provide tailored solutions to meet your needs. Their experienced team guides clients through the application process, ensuring clarity and efficiency. With a focus on small business growth, they leverage SBA programs like 7A to facilitate funding up to $5,000,000 for qualifying businesses. Their expertise spans multiple industries, with a particular strength in manufacturing, and they serve clients across the nation. The bank’s commitment is to empower entrepreneurs by providing accessible and flexible loan options, backed by competitive terms and personalized service. Located at 8112 Maryland Ave, Ste 101 in Clayton, Missouri, they are a trusted partner for small business financing needs.

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Q&A

Lender Type
Commercial Bank
Google Rating
5
Google Review Count
3
Question 1
What is this place and what can I find here?
Answer 1
This is a commercial bank that offers SBA loan programs and small business financing solutions designed to help entrepreneurs grow and succeed.
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-ins may be accommodated based on availability.
Question 3
What are the hours of operation?
Answer 3
The bank operates from 9:00 AM to 5:00 PM, Monday through Friday.
Question 4
Is there a fee to use this?
Answer 4
There are no fees for simply visiting or consulting; fees apply only to specific loan processing and closing costs.
Question 5
Who is this open to — anyone, or only residents/members?
Answer 5
This bank primarily serves small business owners and entrepreneurs across the nation, regardless of residency.
Question 6
What minimum personal credit score does this bank look for in a guarantor?
Answer 6
A minimum personal credit score of 650 is generally required, though higher scores improve approval chances.
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.
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