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The Millyard Bank

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Description

The Millyard Bank offers comprehensive SBA lending services tailored to small and medium-sized businesses seeking financial support for growth, expansion, or operational needs. With a focus on personalized service, the bank provides various loan options, including SBA 7(a) loans, to help clients secure funding with competitive terms. Located in Nashua, NH, it specializes in supporting industries such as hospitality, retail, and services, making it a valuable partner for local entrepreneurs. The bank’s experienced team guides borrowers through the application process, ensuring clarity and efficiency from start to finish. Whether you’re looking to acquire real estate, purchase equipment, or improve cash flow, The Millyard Bank is committed to helping businesses succeed. Their SBA programs are designed to accommodate a range of financial needs, with flexible terms and dedicated support. The bank’s community-oriented approach emphasizes building long-term relationships and fostering economic growth within the region.

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Q&A

Lender Type
Commercial Bank
Google Rating
4.9
Google Review Count
18
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 seeking growth capital and support.
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 may be accommodated based on availability.
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 to access basic banking services; loan fees apply based on the specific financing arrangement.
Question 5
Who is this open to — anyone, or only residents/members?
Answer 5
This bank primarily serves residents and businesses within the Nashua region, with a focus on local small business support.
Question 6
What minimum personal credit score does this bank look for in a guarantor?
Answer 6
A minimum personal credit score of 620 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 45 days, depending on the complexity of the application and completeness of documentation.
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