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TexasBank

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Description

TexasBank offers comprehensive SBA lending services tailored to support small businesses in their growth and expansion efforts. With a focus on providing accessible financing options, the bank specializes in SBA 7(a) loans, helping entrepreneurs secure funding for various needs such as working capital, equipment purchase, and real estate acquisition. Their experienced team guides clients through the application process, ensuring a smooth experience from start to finish. Located in Fort Worth, Texas, they serve local businesses and are committed to fostering economic development within the community. The bank’s expertise extends to supporting businesses in the construction sector, leveraging their knowledge of industry-specific financing requirements. Whether you’re a startup or an established enterprise, TexasBank aims to be a reliable partner in your business journey, offering personalized solutions and competitive terms. Their dedicated staff works closely with clients to understand their unique needs and craft tailored financing strategies that align with their goals. With a strong reputation for customer service and a deep understanding of SBA programs, TexasBank is well-equipped to assist small businesses in achieving their ambitions and overcoming financial hurdles.

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Q&A

Lender Type
Commercial Bank
Google Rating
2.8
Google Review Count
68
Question 1
What is this place and what can I find here?
Answer 1
This is a commercial bank offering SBA lending services, including SBA 7(a) loans, to support small business growth and development. You can find information about loan options, application processes, and industry-specific financing solutions tailored to your 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 assistance, but walk-ins are also welcome during business hours. Calling ahead can help you prepare and meet with the right specialist for your needs.
Question 3
What are the hours of operation?
Answer 3
The bank operates from 9:00 AM to 5:00 PM, Monday through Friday. It"s best to call ahead for specific appointment times or to confirm hours on holidays.
Question 4
Is there a fee to use this?
Answer 4
There are fees associated with loan processing and closing, which vary depending on the loan size and terms. These fees are disclosed upfront during the application process.
Question 5
Who is this open to — anyone, or only residents/members?
Answer 5
This bank primarily serves small business owners and entrepreneurs in Texas, with a focus on local businesses and residents. Non-residents may need to meet specific criteria to qualify.
Question 6
What minimum personal credit score does this bank look for in a guarantor?
Answer 6
A minimum personal credit score of 650 is generally preferred, though higher scores improve the likelihood of approval.
Question 7
How long does the traditional underwriting process take from start to close?
Answer 7
The underwriting process typically takes 2 to 4 weeks, depending on the complexity of the application and completeness of documentation.
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