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Stockman Bank of Montana

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Description

Stockman Bank of Montana offers comprehensive SBA loan services designed to support small businesses in securing essential funding. With a focus on personalized service, they assist clients through various SBA programs, including the popular 7(a) loan program, to meet diverse financing needs such as working capital, equipment purchase, or real estate acquisition. Located in Miles City, MT, this bank prides itself on understanding local business environments and providing tailored financial solutions. Their experienced lending team guides borrowers through the application process, ensuring clarity and efficiency from start to finish. Whether you’re a startup or an established enterprise, Stockman Bank’s SBA offerings can help you achieve your growth objectives with competitive terms and dedicated support.

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Q&A

Lender Type
Commercial Bank
Google Rating
3.3
Google Review Count
11
Question 1
What is this place and what can I find here?
Answer 1
This is a local bank offering SBA loan programs and financial services tailored to small businesses in the Miles City area, providing expert guidance and personalized support.
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 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 simply visiting or consulting; fees apply only if you proceed with a loan or financial service.
Question 5
Who is this open to — anyone, or only residents/members?
Answer 5
This bank primarily serves local residents and small business owners within the Miles City region, but some services may be available to non-residents with qualifying criteria.
Question 6
What minimum personal credit score does this bank look for in a guarantor?
Answer 6
A minimum personal credit score of 640 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 30 to 45 days, depending on the complexity of the loan application and completeness of documentation.
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