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The First National Bank in Trinidad

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Description

Offering comprehensive SBA lending services, this financial institution specializes in providing small business loans to support growth and development. With a focus on the 7A loan program, they assist entrepreneurs in securing funding for various business needs, including working capital, equipment purchase, and real estate acquisition. Their experienced team guides clients through the application process, ensuring a smooth and efficient experience. Located in Trinidad, Colorado, they serve local businesses with personalized financial solutions tailored to meet unique industry demands. The bank’s commitment to small business success is reflected in their flexible lending options and dedicated customer service. Whether you’re starting a new venture or expanding an existing operation, they are equipped to help you achieve your business goals with competitive rates and favorable terms. Their expertise spans various industries, with a strong emphasis on supporting regional economic growth. Reach out today to explore how their SBA loan programs can benefit your business journey and secure the funding you need to thrive.

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Q&A

Lender Type
Commercial Bank
Google Rating
3.4
Google Review Count
26
Question 1
What is this place and what can I find here?
Answer 1
This is a community-focused bank offering SBA loan programs and small business financing solutions to support local entrepreneurs and growth initiatives.
Question 2
Do I need an appointment or can I walk in?
Answer 2
It"s recommended to schedule an appointment for personalized service, but walk-ins are also welcome during business hours.
Question 3
What are the hours of operation?
Answer 3
The bank operates from 9:00 AM to 5:00 PM, Monday through Friday.
Question 4
Is there a fee to use this?
Answer 4
There are no fees for initial consultations; loan fees depend on the specific financing arrangement.
Question 5
Who is this open to — anyone, or only residents/members?
Answer 5
This bank primarily serves local residents and small business owners within the community.
Question 6
What minimum personal credit score does this bank look for in a guarantor?
Answer 6
A minimum personal credit score of 640 is generally required, but other factors are also considered.
Question 7
How long does the traditional underwriting process take from start to close?
Answer 7
The underwriting process typically takes 30 to 45 days, depending on the completeness of documentation and loan complexity.
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