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Southern Heritage Bank

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Description

Southern Heritage Bank offers comprehensive SBA lending services tailored to small businesses seeking financial support for growth, expansion, or startup needs. With a focus on the local community, it provides personalized banking solutions and expert guidance through the SBA loan process. Their team is dedicated to helping entrepreneurs access funding efficiently, ensuring smooth application procedures and favorable terms. The bank supports various SBA programs, including the popular 7(a) loan program, to meet diverse business financing needs. Whether you’re looking for working capital, equipment financing, or real estate loans, Southern Heritage Bank is committed to serving your business goals with flexible options and competitive rates. Their experienced staff work closely with clients to understand their unique situations and craft suitable loan packages, emphasizing quick turnaround times and excellent customer service. As a trusted local financial partner, they aim to foster economic growth within the community while providing reliable SBA lending solutions.

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Q&A

Lender Type
Commercial Bank
Google Rating
5
Google Review Count
5
Question 1
What is this place and what can I find here?
Answer 1
This is a local SBA lender offering small business loans, including the popular 7(a) program, with personalized service to help entrepreneurs secure funding for growth or startup needs.
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 are also welcome during business hours.
Question 3
What are the hours of operation?
Answer 3
The bank operates Monday through Friday from 9:00 AM to 5:00 PM, with additional hours by appointment.
Question 4
Is there a fee to use this?
Answer 4
There are no fees for accessing basic banking services; however, specific loan applications may involve processing or closing fees.
Question 5
Who is this open to — anyone, or only residents/members?
Answer 5
This service is open to small business owners in the local community and surrounding areas seeking SBA financing.
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.
Question 7
How long does the traditional underwriting process take from start to close?
Answer 7
The underwriting process typically takes approximately 30 to 45 days, depending on the completeness of the application and documentation.
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