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Tompkins Community Bank

Tompkins Community Bank
Tompkins Community Bank

Description

Tompkins Community Bank offers comprehensive SBA lending solutions tailored to small and medium-sized businesses seeking financial support for growth, expansion, or operational needs. With a focus on serving the local community, the bank provides various loan programs, including the SBA 7(a) loan, which is ideal for working capital, equipment purchase, or real estate acquisition. Their experienced lending team guides clients through the application process, ensuring a smooth experience from start to finish. The bank’s flexible terms and competitive rates make it a preferred choice for entrepreneurs in the Ithaca area looking to leverage SBA financing to achieve their business goals. Whether you’re a startup or an established business, Tompkins Community Bank is committed to helping you access the capital you need to succeed.

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Q&A

Lender Type
Commercial Bank
Google Rating
3
Google Review Count
21
Question 1
What is this place and what can I find here?
Answer 1
This is a community bank offering SBA loan programs and financial services tailored to small businesses in the Ithaca area, providing expert guidance and flexible financing options.
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 Monday through Friday from 9:00 AM to 5:00 PM, with extended hours by appointment upon request.
Question 4
Is there a fee to use this?
Answer 4
There are no fees to visit or speak with a loan officer; applicable loan 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 residents and businesses within the Ithaca region but welcomes inquiries from qualified applicants outside the area as well.
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, but approval considers overall financial stability and collateral.
Question 7
How long does the traditional underwriting process take from start to close?
Answer 7
The underwriting process typically takes 2 to 4 weeks, depending on the completeness of documentation and loan complexity.
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