Reliance State Bank
Description
Reliance State Bank offers comprehensive SBA lending solutions tailored to small businesses seeking financial support for growth, equipment, or working capital. With a focus on serving local entrepreneurs, the bank provides personalized service and flexible loan options to meet diverse business needs. Their SBA 7(a) program is a key component, helping businesses secure funding up to $80,000 with competitive terms. The bank’s experienced team guides clients through the application process, ensuring clarity and efficiency. Whether you’re expanding operations or managing cash flow, Reliance State Bank is committed to supporting your business ambitions with tailored financial products and local expertise.
Location
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Q&A
Lender Type
Commercial Bank
Google Rating
4.6
Google Review Count
15
Question 1
What is this place and what can I find here?
Answer 1
This is a local bank offering SBA loans and small business banking services designed to support entrepreneurs in the community. You can find assistance with financing, business accounts, and personalized financial advice tailored to small businesses.
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 banking specialist, but walk-in visits are also welcome during business hours. Calling ahead can help streamline 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. Hours may vary on holidays, so it"s best to contact the branch directly for specific times.
Question 4
Is there a fee to use this?
Answer 4
There are no fees to visit the bank for basic inquiries or account opening, but specific services like loans or account maintenance may involve fees outlined during the application process.
Question 5
Who is this open to — anyone, or only residents/members?
Answer 5
This bank primarily serves local residents and small business owners within the community, though some services may be available to non-residents with appropriate documentation.
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, but approval depends on overall financial health, collateral, and business performance.
Question 7
How long does the traditional underwriting process take from start to close?
Answer 7
The underwriting process typically takes 2 to 4 weeks, depending on the completeness of your application and the complexity of your financial situation.