Go Back

Select Bank

Offering comprehensive SBA lending solutions, this financial institution specializes in supporting small businesses with a variety of loan programs. Whether you’re seeking funding for expansion, equipment, or working capital, they provide tailored financing options to meet your needs. Their experienced team guides clients through the application process, ensuring clarity and efficiency. With a focus on personalized service, they assist entrepreneurs at every stage of their business journey. The bank’s commitment to community development and small business growth makes it a reliable partner for local entrepreneurs. They also offer expertise in SBA 7(a) loans, helping businesses secure up to $150,000 or more for various purposes. Their flexible lending criteria and dedicated support staff make them a go-to resource for small business owners in the region. Located in Forest, VA, they serve a broad geographic area, emphasizing local economic development. Whether you’re a startup or an established business, their team is ready to help you navigate the complexities of SBA financing and find the best solution for your business goals.

Review

There are no reviews yet.

Lender Type

Commercial Bank

Google Rating

Google Review Count

Question 1

What is this place and what can I find here?

Answer 1

This is a financial institution that offers SBA loans and small business financing solutions. You can find expert guidance, personalized support, and a variety of loan options tailored to small business needs in the region.

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 specialist, but walk-ins may also be accommodated depending on availability.

Question 3

What are the hours of operation?

Answer 3

The bank operates from 9:00 AM to 5:00 PM, Monday through Friday. Appointments outside these hours can be arranged upon request.

Question 4

Is there a fee to use this?

Answer 4

There are no fees for initial consultations; however, standard loan application and closing costs may apply depending on the financing arrangement.

Question 5

Who is this open to — anyone, or only residents/members?

Answer 5

This lender primarily serves small business owners and entrepreneurs in the region, but eligibility is based on creditworthiness and business criteria rather than residency alone.

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 with this lender.

Question 7

How long does the traditional underwriting process take from start to close?

Answer 7

The underwriting process typically takes between 30 to 45 days, depending on the completeness of your application and supporting documents.

Select Bank

Description

Location

Review

Q&A