Shore United Bank, National Association
Shore United Bank, National Association is an active SBA lender in Maryland, a bank offering SBA-guaranteed small-business loans. Currently rated 4.4 stars across 46 Google reviews.
About Shore United Bank, National Association
Shore United Bank offers comprehensive SBA lending solutions tailored to small businesses seeking financial support for growth, equipment, or real estate projects. With a focus on personalized service, the bank provides access to SBA 7(a) loans, which are ideal for a variety of business needs, including working capital, expansion, or acquisition. Their team is dedicated to guiding clients through the loan application process, ensuring clarity and support at every step. Located in Easton, Maryland, the bank leverages its regional expertise to serve local businesses while also supporting clients across the nation. The bank's SBA program history highlights a strong track record with approvals up to $1,300,000, showcasing their capacity to handle sizable funding requests. Whether you're a startup or an established enterprise, Shore United Bank strives to provide flexible financing options to meet your unique needs, backed by their extensive industry experience and commitment to customer success.
Serves SBA borrowers in 2 states
Shore United Bank, National Association has funded SBA loans for businesses in these states, by borrower location. Tap a state to see every lender serving it.
Industries Shore United Bank, National Association finances
Business types Shore United Bank, National Association actively lends to, from its SBA loan history. Tap one to see every lender serving it.
Common questions about Shore United Bank, National Association
What is this place and what can I find here?
This location offers SBA loan programs and financial services designed to support small business growth. You can find assistance with SBA 7(a) loans, guidance through the application process, and personalized support tailored to your business needs.
Do I need an appointment or can I walk in?
It's recommended to schedule an appointment to ensure dedicated time with a loan officer, but walk-ins may be accommodated depending on availability. Calling ahead is advised for a smoother experience.
What are the hours of operation?
At the Easton branch, the lobby is open Monday through Thursday from 8:30 a.m. to 3:00 p.m., and Friday from 8:30 a.m. to 5:00 p.m. Please confirm current hours directly with Shore United Bank.
Is there a fee to use this?
There are no fees for accessing basic information or initial consultations. Loan application fees and closing costs may apply during the financing process.
Who is this open to — anyone, or only residents/members?
This bank primarily serves small business owners and entrepreneurs, with a focus on clients within its geographic and operational scope, but it offers services to qualified applicants nationwide.
What minimum personal credit score does this bank look for in a guarantor?
A minimum personal credit score of 620 is generally required, though higher scores improve approval chances.
How long does the traditional underwriting process take from start to close?
The underwriting process typically takes between 30 to 60 days, depending on the complexity of the loan and completeness of the application.
Is this open on weekends?
This Easton branch does not operate on weekends; hours are Monday through Friday only. Confirm with Shore United Bank for business lending staff availability.
How do I get there and where do I park?
Shore United Bank, National Association is located in Maryland — 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.
Who owns or operates this listing?
This page is an independent directory listing for Shore United Bank, National Association, an SBA-participating bank. It is maintained by SBA Lenders USA to help borrowers compare lenders — not by Shore United Bank, National Association itself, which runs its own lending under its own ownership. If you work at Shore United Bank, National Association, you can claim this listing from this page to manage it.
How current is the information on this page?
The core details for Shore United Bank, National Association — 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 Shore United Bank, National Association before applying. If you represent Shore United Bank, National Association, claim this listing to keep its information up to date.
How do I contact this listing directly?
You can reach Shore United Bank, National Association by phone at (410) 822-1400 or online at shoreunitedbank.com — the details are in the contact card on this page. For SBA loans specifically, ask for their business lending or SBA department. Treat this directory page as a starting point and confirm hours and contact details with Shore United Bank, National Association before relying on them.
What core industries does this commercial bank traditionally choose to finance?
Based on its approved SBA loans, Shore United Bank, National Association most often finances businesses in restaurants & food service, construction & contractors, food manufacturing & processing, and fitness & recreation. This reflects Shore United Bank, National Association'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 Shore United Bank, National Association which sectors it actively lends to before you apply.
Can I apply for an SBA Express line of credit at this branch?
SBA Express offers lines of credit and term loans up to $500,000 with a faster turnaround than standard 7(a) loans. Whether Shore United Bank, National Association participates in SBA Express depends on its specific SBA lending authority. Contact Shore United Bank, National Association and ask if it offers SBA Express and what the current limits and terms look like for your situation.
Does this bank have Preferred Lender Provider status with the government?
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. Shore United Bank, National Association can confirm its current PLP standing — ask before you apply if speed matters to you.
Are start-up companies eligible for financing at this traditional institution?
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. Shore United Bank, National Association's appetite for start-ups is set by its own credit policy. If you are early-stage or pre-revenue, ask Shore United Bank, National Association directly whether it considers start-up loans.
What are the typical down payment expectations for commercial real estate acquisitions?
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 Shore United Bank, National Association what down payment it expects for your specific commercial real estate purchase.
Does this bank impose prepayment penalties on short-term working capital facilities?
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 Shore United Bank, National Association to spell out any prepayment penalties before you sign.
Can I use loan proceeds from this bank to buy out an existing equity partner?
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 Shore United Bank, National Association to confirm it qualifies and how to document it.
Will historical personal bankruptcies automatically disqualify my loan application here?
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. Shore United Bank, National Association weighs this case by case under its own policy, so be upfront about your history and ask Shore United Bank, National Association how it evaluates prior bankruptcies.
