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PromiseOne Bank

PromiseOne Bank
PromiseOne Bank

Description

PromiseOne Bank offers comprehensive SBA lending services tailored to small businesses seeking financial growth and stability. With a focus on supporting local entrepreneurs, the bank provides various loan options including SBA 7(a) loans, which are ideal for working capital, equipment purchase, and expansion projects. Their experienced team guides clients through the application process, ensuring a smooth experience from start to finish. Located in Duluth, Georgia, PromiseOne Bank is committed to fostering economic development within the community by providing flexible financing solutions. The bank specializes in serving small to medium-sized businesses across diverse industries, emphasizing personalized service and competitive terms. Whether you’re a startup or an established business looking to expand, PromiseOne Bank offers the financial tools necessary to achieve your goals. Their SBA programs are designed to accommodate various business needs, with a focus on quick approval and accessible funding options. The bank also provides guidance on credit requirements, documentation, and repayment terms to help clients make informed decisions. With a strong reputation for customer service and community involvement, PromiseOne Bank stands out as a trusted partner for small business financing in the region.

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Q&A

Lender Type
Commercial Bank
Google Rating
3.4
Google Review Count
25
Question 1
What is this place and what can I find here?
Answer 1
This is a financial institution offering SBA loan programs and banking services tailored for small businesses seeking growth capital and support.
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 are also welcome during business hours.
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 visiting the bank; however, loan application and processing fees may apply depending on the service.
Question 5
Who is this open to — anyone, or only residents/members?
Answer 5
This bank primarily serves local small business owners and residents within the region, but eligibility depends on specific loan criteria.
Question 6
What minimum personal credit score does this bank look for in a guarantor?
Answer 6
A minimum personal credit score of 640 is generally preferred, though other factors are also considered.
Question 7
How long does the traditional underwriting process take from start to close?
Answer 7
The underwriting process typically takes between 2 to 4 weeks, depending on the completeness of the application and documentation provided.
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