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The Denison State Bank

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Description

Offering comprehensive SBA lending services, The Denison State Bank specializes in providing financial solutions for small businesses across various industries. With a focus on supporting local entrepreneurs, the bank offers tailored loan programs that help businesses grow and succeed. Their experienced team guides clients through the application process, ensuring clarity and support at every step. Whether you’re seeking funding for expansion, equipment purchase, or working capital, this bank is equipped to meet your needs. They have a strong history of approving substantial loans, with the largest recorded approval amount reaching over $200,000. Their expertise in SBA programs makes them a reliable partner for small business owners looking for flexible financing options.

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Q&A

Lender Type
Commercial Bank
Google Rating
3.8
Google Review Count
13
Question 1
What is this place and what can I find here?
Answer 1
This is a commercial bank offering SBA loan programs and financial services tailored for small businesses, including funding options for growth and expansion.
Question 2
Do I need an appointment or can I walk in?
Answer 2
It"s recommended to schedule an appointment to ensure dedicated service, 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 am to 5 pm, with appointments available outside regular hours upon request.
Question 4
Is there a fee to use this?
Answer 4
Fees depend on the specific loan product and terms; consult with the bank for detailed fee information.
Question 5
Who is this open to — anyone, or only residents/members?
Answer 5
This bank primarily serves local small business owners and residents within its regional service area.
Question 6
What minimum personal credit score does this bank look for in a guarantor?
Answer 6
A minimum personal credit score of around 640 is typically preferred, but standards can vary based on the loan and applicant profile.
Question 7
How long does the traditional underwriting process take from start to close?
Answer 7
The underwriting process generally takes between 2 to 4 weeks, depending on the complexity of the application and completeness of documentation.
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