Synergy Bank
Synergy Bank is an active SBA lender in Louisiana, a bank offering SBA-guaranteed small-business loans. Currently rated 4.8 stars across 8 Google reviews.
About Synergy Bank
Synergy Bank offers comprehensive SBA lending services tailored to small and medium-sized businesses seeking financial support for growth, expansion, or operational needs. With a focus on the SBA 7(a) loan program, the bank provides flexible financing options that include working capital, equipment purchases, and real estate acquisition. Their team is dedicated to guiding clients through the application process, ensuring a smooth experience from start to finish. Located in Houma, Louisiana, Synergy Bank serves local businesses while also supporting regional economic development. The bank's expertise extends across various industries, with a particular strength in hospitality and service sectors. Clients benefit from personalized service, competitive rates, and a straightforward application process designed to meet diverse business needs. Whether you're a startup or an established business, Synergy Bank aims to facilitate your growth through tailored SBA loan solutions.
Industries Synergy Bank finances
Business types Synergy Bank actively lends to, from its SBA loan history. Tap one to see every lender serving it.
Common questions about Synergy Bank
What is this place and what can I find here?
This is a financial institution offering SBA loan programs designed to help small and medium-sized businesses grow. You can find information about their loan options, application processes, and support services here.
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-in consultations may be available during business hours.
What are the hours of operation?
Hours vary by location. Houma-area branches: Mon-Thu 9 AM–4:30 PM, Fri 9 AM–5 PM (lobby); drive-through extends to 6 PM weekdays and 12 PM Saturday. Baton Rouge-area branches: Mon-Thu 9 AM–5 PM, Fri 9 AM–5:30 PM. Confirm with Synergy Bank for your specific branch.
Is there a fee to use this?
There are no fees to access general information; however, specific loan applications may involve origination and closing costs.
Who is this open to — anyone, or only residents/members?
This bank primarily serves local businesses in Louisiana, but eligibility for SBA loans is based on business criteria rather than residency alone.
What minimum personal credit score does this bank look for in a guarantor?
A minimum personal credit score of approximately 640 is generally preferred.
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 documentation.
Is this open on weekends?
Some Synergy Bank locations offer Saturday drive-through service (9 AM–12 PM in Houma area, 8 AM–Noon in New Roads), though lobbies remain closed weekends. Confirm your location's Saturday availability.
How do I get there and where do I park?
Synergy Bank is located in Louisiana — 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 Synergy Bank, an SBA-participating bank. It is maintained by SBA Lenders USA to help borrowers compare lenders — not by Synergy Bank itself, which runs its own lending under its own ownership. If you work at Synergy Bank, you can claim this listing from this page to manage it.
How current is the information on this page?
The core details for Synergy Bank — 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 Synergy Bank before applying. If you represent Synergy Bank, claim this listing to keep its information up to date.
How do I contact this listing directly?
You can reach Synergy Bank by phone at (985) 851-1879 or online at synergybank.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 Synergy Bank before relying on them.
What core industries does this commercial bank traditionally choose to finance?
Based on its approved SBA loans, Synergy Bank most often finances businesses in general retail, manufacturing, restaurants & food service, and transportation & trucking. This reflects Synergy Bank'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 Synergy Bank 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 Synergy Bank participates in SBA Express depends on its specific SBA lending authority. Contact Synergy Bank 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. Synergy Bank 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. Synergy Bank's appetite for start-ups is set by its own credit policy. If you are early-stage or pre-revenue, ask Synergy Bank 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 Synergy Bank 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 Synergy Bank 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 Synergy Bank 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. Synergy Bank weighs this case by case under its own policy, so be upfront about your history and ask Synergy Bank how it evaluates prior bankruptcies.
