Go Back

TransPecos Banks, SSB.

TransPecos Banks, SSB offers comprehensive SBA lending services tailored to small businesses seeking financial support for growth, expansion, or working capital. As a commercial bank located in Pecos, TX, it specializes in providing SBA loans, including the 7(a) program, which is ideal for a variety of business needs. The bank’s team is dedicated to guiding clients through the loan process, from application to approval, ensuring a smooth experience. With a focus on local businesses, TransPecos Banks supports entrepreneurs in the Pecos region and beyond, helping them access the capital necessary to succeed. The bank’s approval amounts can reach up to $759,000, making it suitable for both small and medium-sized enterprises. Its expertise in SBA lending allows it to serve diverse industries, with a particular strength in retail and services, aligned with its primary NAICS code 445120. Clients benefit from personalized service and competitive terms, with an emphasis on fostering local economic growth.

Review

There are no reviews yet.

Lender Type

Commercial Bank

Google Rating

3.1

Google Review Count

Question 1

What is this place and what can I find here?

Answer 1

This is a commercial bank that provides SBA loan services to small businesses, helping them access capital for growth, expansion, and operational needs. You can find information about their loan programs, application processes, and how they support local entrepreneurs.

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 officer, but walk-ins are also welcome during business hours. Calling ahead can help streamline your visit.

Question 3

What are the hours of operation?

Answer 3

The bank operates Monday through Friday from 9:00 AM to 5:00 PM. It is advisable to contact the branch directly for any specific appointment or service hours.

Question 4

Is there a fee to use this?

Answer 4

There are no fees to inquire about SBA loans or to start the application process. However, certain loan fees and closing costs may apply depending on the loan terms.

Question 5

Who is this open to — anyone, or only residents/members?

Answer 5

This bank primarily serves small business owners and entrepreneurs in the Pecos area, but eligibility for SBA loans is based on business criteria, not 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 around 640 is generally preferred, though higher scores can improve approval chances.

Question 7

How long does the traditional underwriting process take from start to close?

Answer 7

The underwriting process typically takes 30 to 60 days, depending on the completeness of your application and the complexity of your loan request.

TransPecos Banks, SSB.

Description

Location

Review

Q&A