Go Back

Signal Financial FCU

Offering comprehensive SBA financing options, this financial institution specializes in supporting small businesses with various loan programs. Whether you’re seeking funding for expansion, equipment, or working capital, they provide tailored solutions to meet your needs. Their experienced team guides clients through the application process, ensuring clarity and efficiency. With a focus on small business growth, they serve a diverse range of industries and offer personalized service to help entrepreneurs succeed. Their SBA program history includes successful 7(a) loans, demonstrating their expertise in this area. Located conveniently in Kensington, MD, they are committed to fostering local economic development and supporting small business owners in the region.

Review

There are no reviews yet.

Lender Type

Commercial Bank

Google Rating

3.9

Google Review Count

113

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. You can find assistance with loan applications, guidance on SBA programs, and support for growing your business.

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 may be accommodated depending on availability.

Question 3

What are the hours of operation?

Answer 3

Typically, they operate Monday through Friday from 9:00 AM to 5:00 PM, but it"s best to confirm by contacting the branch directly.

Question 4

Is there a fee to use this?

Answer 4

There are no fees for simply visiting or consulting; fees may apply for loan processing and services based on the specific transaction.

Question 5

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

Answer 5

This institution primarily serves small business owners and members within the regional community, but they welcome inquiries from prospective clients fitting their criteria.

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 other factors are also considered during underwriting.

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 complexity of the application and completeness of documentation.

Signal Financial FCU

Description

Location

Review

Q&A