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Security Service FCU

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Description

Security Service FCU offers comprehensive SBA lending services tailored to small businesses seeking financial support for growth, expansion, or operational needs. With a focus on small business financing, they provide access to SBA 7(a) loans, which can be used for various purposes including working capital, equipment purchase, or real estate acquisition. Their team is committed to guiding clients through the loan process, ensuring clarity and support from application to approval. Located in San Antonio, TX, they serve local businesses with personalized service and flexible financing options. The credit union emphasizes building strong relationships with borrowers, offering competitive rates and terms to meet diverse business needs. Whether you’re a startup or an established enterprise, they aim to facilitate your growth with tailored SBA loan solutions. Their experienced staff understands the nuances of SBA programs and can assist in navigating the application process efficiently. Security Service FCU prides itself on community involvement and supporting local economic development through accessible financial products. They are dedicated to helping small businesses thrive by providing reliable financing options designed to foster success and sustainability.

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Q&A

Lender Type
Commercial Bank
Google Rating
4.6
Google Review Count
1302
Question 1
What is this place and what can I find here?
Answer 1
This is a financial institution offering SBA loan programs and small business financing solutions to support local entrepreneurs and business growth.
Question 2
Do I need an appointment or can I walk in?
Answer 2
It is recommended to schedule an appointment, but walk-ins may be accommodated depending on staff availability. Contact ahead to ensure your needs are met promptly.
Question 3
What are the hours of operation?
Answer 3
Business hours are typically Monday through Friday from 9 am to 5 pm, but it’s best to confirm with the branch directly for specific hours.
Question 4
Is there a fee to use this?
Answer 4
There may be fees associated with loan processing, origination, and closing costs, which are disclosed during the application process.
Question 5
Who is this open to — anyone, or only residents/members?
Answer 5
This institution primarily serves members of the credit union, but small business clients from the community are also welcome to apply for SBA loans.
Question 6
What minimum personal credit score does this bank look for in a guarantor?
Answer 6
A minimum personal credit score of around 650 is generally preferred, though higher scores improve approval chances.
Question 7
How long does the traditional underwriting process take from start to close?
Answer 7
The underwriting process typically takes approximately 30 to 60 days, depending on the complexity of the loan and completeness of documentation.
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