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The First National Bank of Ballinger

The First National Bank of Ballinger
The First National Bank of Ballinger

Description

The First National Bank of Ballinger offers comprehensive SBA lending services tailored to small businesses seeking financial support for growth, equipment, or working capital. With a focus on personalized service, they assist clients through the SBA 7(a) loan program, providing flexible financing options to meet diverse business needs. Their experienced team guides borrowers through the application process, ensuring clarity and efficiency from start to finish. The bank supports businesses across various industries, emphasizing community development and small business success. Whether you’re a startup or an established enterprise, they aim to facilitate access to capital with competitive terms and dedicated customer support. Located at 911 Hutchings Ave in Ballinger, TX, the bank is committed to fostering local economic growth and helping small businesses thrive in the region.

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Q&A

Lender Type
Commercial Bank
Google Rating
3.7
Google Review Count
6
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, providing personalized support to help local businesses grow and succeed.
Question 2
Do I need an appointment or can I walk in?
Answer 2
It"s recommended to schedule an appointment to ensure dedicated time with a loan officer, 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, with additional hours by appointment.
Question 4
Is there a fee to use this?
Answer 4
There are no fees for visiting or consulting; fees may apply for loan processing and closing, consistent with SBA guidelines.
Question 5
Who is this open to — anyone, or only residents/members?
Answer 5
This bank primarily serves small business owners and residents in the local region, but eligibility depends on loan criteria.
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, though higher scores improve approval chances.
Question 7
How long does the traditional underwriting process take from start to close?
Answer 7
The process typically takes 30 to 60 days, depending on the complexity of the application and completeness of documentation.
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