Go Back
Report Abuse

Rural Enterprises of Oklahoma, Inc.

0 (0 Reviews)
photo-1141.jpg
photo-1141.jpg

Description

Rural Enterprises of Oklahoma, Inc. offers comprehensive SBA lending services tailored to small businesses seeking financial support for growth and operational needs. Their focus includes small business loans, especially under the SBA 7(a) program, providing flexible financing options for various industries. Located in Durant, OK, they serve local entrepreneurs with personalized service and competitive terms. The bank specializes in supporting small businesses with loan amounts up to $30,000, helping them access capital efficiently. Their experienced team guides clients through the application process, ensuring clarity and quick turnaround times. Whether you’re starting a new venture or expanding an existing business, Rural Enterprises of Oklahoma, Inc. is committed to fostering economic development within the community.

Location

Review

Login to Write Your Review

There are no reviews yet.

Q&A

Lender Type
Commercial Bank
Question 1
What is this place and what can I find here?
Answer 1
This is a community-focused SBA lender offering small business loans, primarily under the SBA 7(a) program, to support local entrepreneurs in Durant and surrounding areas.
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 Monday through Friday from 8:30 AM to 5:00 PM, with additional hours by appointment.
Question 4
Is there a fee to use this?
Answer 4
There are no fees for visiting or consulting; fees apply only to specific loan services as outlined in the loan agreement.
Question 5
Who is this open to — anyone, or only residents/members?
Answer 5
This lender primarily serves small business owners in the Durant area, with eligibility based on SBA program requirements.
Question 6
What minimum personal credit score does this bank look for in a guarantor?
Answer 6
A minimum personal credit score of 620 is generally required to qualify for SBA loans.
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.
Scroll to Top