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Security Bank of Kansas City

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Description

Security Bank of Kansas City offers comprehensive SBA lending services tailored to small and medium-sized businesses seeking financial support for growth, expansion, or operational needs. With a focus on SBA programs, they provide flexible loan options that can help entrepreneurs access capital with favorable terms. Their team is dedicated to guiding clients through the application process, ensuring clarity and support at every step. Located at 701 Minnesota Ave, One Securit, the bank specializes in SBA 7(a) loans, which are ideal for a variety of business purposes including working capital, equipment purchase, and real estate acquisition. They have a history of approving loans up to $200,000, demonstrating their commitment to supporting local businesses. Whether you’re starting a new venture or expanding an existing one, Security Bank of Kansas City is equipped to assist with your financing needs, leveraging their expertise in SBA lending to help you succeed.

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Q&A

Lender Type
Commercial Bank
Google Rating
4.8
Google Review Count
185
Question 1
What is this place and what can I find here?
Answer 1
This is a financial institution offering SBA loan programs designed to help small and medium-sized businesses access capital for growth, expansion, or operational needs. You can find information about loan options, application processes, and personalized support for your business financing goals.
Question 2
Do I need an appointment or can I walk in?
Answer 2
It is recommended to schedule an appointment to ensure dedicated time with a loan officer, but walk-ins may be accommodated depending on availability. Contact the bank in advance to confirm the best way to meet your needs.
Question 3
What are the hours of operation?
Answer 3
The bank operates during standard business hours, typically from 9:00 AM to 5:00 PM, Monday through Friday. It is advisable to call ahead to confirm specific hours or to schedule an appointment.
Question 4
Is there a fee to use this?
Answer 4
There are no fees for simply inquiring or visiting the bank; however, loan applications and processing may involve fees such as guarantee fees, closing costs, and service charges depending on the loan terms.
Question 5
Who is this open to — anyone, or only residents/members?
Answer 5
This bank primarily serves local small business owners and residents of the Kansas City area, but they may consider applications from qualified businesses outside the immediate region based on the loan program.
Question 6
What minimum personal credit score does this bank look for in a guarantor?
Answer 6
A minimum personal credit score of around 640 is generally preferred, though stronger credit profiles can improve approval chances. The bank evaluates overall creditworthiness and business viability as well.
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 and completeness of submitted documentation.
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