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The Fahey Banking Company

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Description

The Fahey Banking Company offers comprehensive SBA lending services tailored to small businesses seeking financial support. With a focus on small business loans, they provide flexible financing options to help entrepreneurs grow and succeed. Their expertise includes SBA 7(a) loans, which are ideal for working capital, equipment, and expansion projects, with approval amounts reaching up to $348,900. Located in Marion, Ohio, this bank is committed to supporting local businesses and fostering economic development in the region. Their team of experienced lenders guides clients through the application process, ensuring a smooth experience from start to finish. Whether you’re a startup or an established business, they aim to provide personalized solutions that meet your unique needs. The bank’s strong community presence and dedicated SBA program support make them a reliable partner for small business financing.

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Q&A

Lender Type
Commercial Bank
Google Rating
3.3
Google Review Count
13
Question 1
What is this place and what can I find here?
Answer 1
This is a bank that offers SBA loan programs and financial services tailored to small businesses, helping entrepreneurs secure funding 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 with a loan officer, but walk-ins are also welcome during business hours for initial inquiries.
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 to visit or inquire; fees may apply during the loan application process and are disclosed upfront.
Question 5
Who is this open to — anyone, or only residents/members?
Answer 5
This bank primarily serves local residents and small business owners in the Marion area, but can assist clients from surrounding regions as well.
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 generally preferred, though other factors such as business performance are also considered.
Question 7
How long does the traditional underwriting process take from start to close?
Answer 7
The underwriting process typically takes between 30 to 45 days, depending on the complexity of the application and completeness of documentation.
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