River Bank and Trust

This is a bank that provides SBA loan services to small and medium-sized businesses. You can find assistance with financing options like SBA 7(a) loans, tailored to support business growth and expansion.

It's recommended to schedule an appointment to ensure dedicated assistance, but walk-in consultations may also be available during business hours.

The branch operates from 9 AM to 5 PM, Monday through Friday, with special hours by appointment on weekends.

There are no fees for initial consultations; however, loan application and processing fees may apply depending on the loan type and amount.

This bank primarily serves local residents and businesses in the Prattville area, but SBA loan eligibility is based on business criteria rather than residency alone.

A minimum personal credit score of 640 is typically required for guarantors applying for SBA loans.

The underwriting process generally takes between 30 to 45 days, depending on the complexity of the application and completeness of documentation.

Most banks keep weekday business hours and are closed on weekends, and River Bank and Trust typically follows the same pattern. SBA lending staff are generally reachable Monday through Friday. A few locations offer Saturday or by-appointment hours, so call River Bank and Trust to confirm current weekend availability before you go.

River Bank and Trust is located in Alabama — 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 River Bank and Trust, an SBA-participating bank. It is maintained by SBA Lenders USA to help borrowers compare lenders — not by River Bank and Trust itself, which runs its own lending under its own ownership. If you work at River Bank and Trust, you can claim this listing from this page to manage it.

The core details for River Bank and Trust — 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 River Bank and Trust before applying. If you represent River Bank and Trust, claim this listing to keep its information up to date.

River Bank and Trust can be reached by phone at (334) 290-1012, online at riverbankandtrust.com, or via email at riverbankcustomersupport@river.bank. Please confirm hours and SBA lending availability with the bank directly.

Based on its approved SBA loans, River Bank and Trust most often finances businesses in restaurants & food service, hotels & lodging, and medical practices & clinics. This reflects River Bank and Trust'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 River Bank and Trust 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 River Bank and Trust participates in SBA Express depends on its specific SBA lending authority. Contact River Bank and Trust 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. River Bank and Trust can confirm its current PLP standing — ask before you apply if speed matters to you.

The SBA does fund start-ups, but many traditional lenders prefer at least two years of operating history and may ask newer ventures for a larger equity injection or stronger collateral. River Bank and Trust's appetite for start-ups is set by its own credit policy. If you are early-stage or pre-revenue, ask River Bank and Trust directly whether it considers start-up loans.

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 River Bank and Trust 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 River Bank and Trust 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 River Bank and Trust 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. River Bank and Trust weighs this case by case under its own policy, so be upfront about your history and ask River Bank and Trust how it evaluates prior bankruptcies.