Go Back

True Community CU

True Community CU offers comprehensive SBA lending solutions tailored to small businesses seeking financial support for growth and development. With a focus on community-oriented banking, it provides accessible loan options including SBA 7(a) programs to help entrepreneurs secure funding for various needs such as expansion, equipment purchase, or working capital. The institution emphasizes personalized service and flexible lending criteria to meet the unique needs of its members and local businesses. Its experienced team guides borrowers through the application process, ensuring clarity and support at every step. Located in Jackson, Michigan, the bank serves the local business community by providing financial products designed to foster economic growth and stability. Whether you’re a startup or an established enterprise, True Community CU aims to be a reliable partner in your business journey, leveraging its community banking expertise and SBA program knowledge to facilitate your success.

Review

There are no reviews yet.

Lender Type

Commercial Bank

Google Rating

4.2

Google Review Count

303

Question 1

What is this place and what can I find here?

Answer 1

This is a community-focused financial institution offering SBA loan programs and banking services tailored for small businesses in Jackson, Michigan. You can find support for business growth, financing options, and personalized banking assistance here.

Question 2

Do I need an appointment or can I walk in?

Answer 2

Appointments are recommended to ensure dedicated service, but walk-ins are also welcome depending on staff availability. It"s best to call ahead to schedule a consultation or visit during business hours.

Question 3

What are the hours of operation?

Answer 3

Typically, the bank operates from 9:00 AM to 5:00 PM, Monday through Friday. Hours may vary on holidays or special occasions, so checking with the branch is advised.

Question 4

Is there a fee to use this?

Answer 4

There may be fees associated with certain banking services or loan applications, including application fees and closing costs. Specific fee details can be provided during the consultation process.

Question 5

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

Answer 5

This institution primarily serves members of the community, including local residents and small businesses within the Jackson area. Membership requirements may apply for certain banking services.

Question 6

What minimum personal credit score does this bank look for in a guarantor?

Answer 6

A minimum personal credit score of around 650 is generally preferred, but other factors such as business performance and collateral are also considered.

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 the application and the complexity of the loan request.

True Community CU

Description

Location

Review

Q&A