Go Back

The Fidelity Bank

The Fidelity Bank offers comprehensive SBA lending services tailored to small businesses seeking financial support for growth and expansion. With a focus on the North Carolina region, it provides various loan options including SBA 7(a) programs, which are ideal for working capital, equipment, and real estate financing. The bank is committed to helping entrepreneurs access the capital they need to succeed, offering personalized service and flexible terms. Their SBA program history demonstrates a strong track record of supporting small business owners with approval amounts up to $451,500, making them a reliable partner for both startups and established companies. Whether you’re looking to expand your operations or manage cash flow, The Fidelity Bank provides the financial tools and expertise to assist you every step of the way.

Review

There are no reviews yet.

Lender Type

Commercial Bank

Google Rating

4.6

Google Review Count

Question 1

What is this place and what can I find here?

Answer 1

This is a financial institution that provides small business loans, including SBA programs, to help entrepreneurs grow and succeed. You can find personalized lending solutions, expert guidance, and access to various funding options tailored to your business 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 receive faster service.

Question 3

What are the hours of operation?

Answer 3

The bank typically operates from 9:00 AM to 5:00 PM, Monday through Friday. It"s best to check directly with the branch for specific hours or to schedule an appointment.

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 type and amount. These fees are disclosed 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 within its geographic region, but eligibility depends on meeting credit and business criteria regardless of residency.

Question 6

What minimum personal credit score does this bank look for in a guarantor?

Answer 6

Typically, a minimum personal credit score of 640 is preferred, but higher scores improve approval chances.

Question 7

How long does the traditional underwriting process take from start to close?

Answer 7

The underwriting process generally takes between 30 to 60 days, depending on the completeness of your application and documentation.

The Fidelity Bank

Description

Location

Review

Q&A