Go Back
Report Abuse

The Shelby State Bank

photo-1534.jpg
photo-1534.jpg

Description

Offering comprehensive SBA financing options, this commercial bank specializes in supporting small businesses with loans tailored to various needs. Whether you’re seeking funding for expansion, equipment, or working capital, they provide personalized service to help your business grow. Their team is experienced in SBA programs, ensuring smooth application processes and competitive terms. Located in Shelby, MI, they serve local entrepreneurs and businesses across the region, committed to fostering economic development and business success. With a history of supporting SBA 7(a) loans, they have the expertise to guide you through the lending process from application to approval. Their loan offerings include flexible terms, competitive interest rates, and dedicated support for small business owners. The bank’s focus on small business lending makes them a reliable partner for entrepreneurs looking to secure financing that aligns with their growth plans. They understand the unique challenges faced by small businesses and are dedicated to providing accessible financial solutions. Whether you’re a startup or an established business, their services are designed to meet your specific needs and help you achieve your goals.

Location

There are no reviews yet.

Q&A

Lender Type
Commercial Bank
Google Rating
3.7
Google Review Count
14
Question 1
What is this place and what can I find here?
Answer 1
This is a commercial bank offering SBA loan programs designed to support small business growth. You can find financing options such as SBA 7(a) loans, along with personalized assistance from experienced lenders.
Question 2
Do I need an appointment or can I walk in?
Answer 2
It is recommended to schedule an appointment to ensure dedicated time with a loan specialist, but walk-in consultations may also be available during business hours.
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 consult; however, loan application fees and closing costs may apply depending on the financing.
Question 5
Who is this open to — anyone, or only residents/members?
Answer 5
This bank primarily serves small business owners and entrepreneurs in Shelby and the surrounding region, but eligibility is based on loan criteria rather than residency alone.
Question 6
What minimum personal credit score does this bank look for in a guarantor?
Answer 6
A minimum personal credit score of 650 is generally preferred to qualify for SBA loans with favorable terms.
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 completeness of your application and documentation.
Scroll to Top