The Bank of Brodhead

This is a local bank offering SBA loan programs and financial services designed to support small businesses in the Brodhead area. You can find assistance with business financing, loan applications, and expert guidance on SBA programs tailored to your needs. Their team is committed to helping entrepreneurs access the capital necessary for growth and success.

It's recommended to schedule an appointment to ensure dedicated time with a loan officer, though walk-ins may be accommodated during business hours. Calling ahead can help you prepare and streamline the process.

The bank operates Monday through Friday from 8:30 AM to 4:30 PM. It's advisable to contact them in advance to confirm availability or schedule an appointment.

There are no fees for initial consultations; however, loan processing and closing may involve standard fees such as guarantee fees and closing costs. These are discussed during the application process.

The bank primarily serves local residents and small business owners within the region. Eligibility for specific programs depends on meeting certain criteria and qualifications.

A minimum personal credit score of approximately 640 is generally preferred, though higher scores improve approval chances.

The underwriting process typically takes between 2 to 4 weeks, depending on the completeness of your application and supporting documentation.

Most banks keep weekday business hours and are closed on weekends, and The Bank of Brodhead typically follows the same pattern. SBA lending staff are generally reachable Monday through Friday. A few locations offer Saturday or by-appointment hours, so call The Bank of Brodhead to confirm current weekend availability before you go.

The Bank of Brodhead is located in Wisconsin — 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.

This page is an independent directory listing for The Bank of Brodhead, an SBA-participating bank. It is maintained by SBA Lenders USA to help borrowers compare lenders — not by The Bank of Brodhead itself, which runs its own lending under its own ownership. If you work at The Bank of Brodhead, you can claim this listing from this page to manage it.

The core details for The Bank of Brodhead — 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 The Bank of Brodhead before applying. If you represent The Bank of Brodhead, claim this listing to keep its information up to date.

You can reach The Bank of Brodhead by phone at (608) 897-2121 or online at bankofbrodhead.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 The Bank of Brodhead before relying on them.

Like most SBA lenders, The Bank of Brodhead can finance a broad range of small businesses — common categories include professional services, healthcare practices, restaurants and franchises, retail, light manufacturing, and commercial real estate. Each bank sets its own industry preferences and may avoid sectors it considers higher risk. Ask The Bank of Brodhead directly which industries it actively lends to before you apply.

SBA Express offers lines of credit and term loans up to $500,000 with a faster turnaround than standard 7(a) loans. Whether The Bank of Brodhead participates in SBA Express depends on its specific SBA lending authority. Contact The Bank of Brodhead and ask if it offers SBA Express and what the current limits and terms look like for your situation.

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. The Bank of Brodhead can confirm its current PLP standing — ask before you apply if speed matters to you.

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. The Bank of Brodhead's appetite for start-ups is set by its own credit policy. If you are early-stage or pre-revenue, ask The Bank of Brodhead directly whether it considers start-up loans.

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 The Bank of Brodhead what down payment it expects for your specific commercial real estate purchase.

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 The Bank of Brodhead to spell out any prepayment penalties before you sign.

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 The Bank of Brodhead to confirm it qualifies and how to document it.

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. The Bank of Brodhead weighs this case by case under its own policy, so be upfront about your history and ask The Bank of Brodhead how it evaluates prior bankruptcies.