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Truliant FCU

Specializing in small business financing, this commercial bank offers a range of SBA loan programs designed to support entrepreneurs and growing companies. With a focus on the 7(a) program, it provides flexible funding options for various business needs, including working capital, equipment purchases, and real estate acquisitions. The bank is equipped to handle loan amounts up to $2,414,700, making it suitable for both startups and established businesses seeking substantial capital. Their experienced lending team guides clients through the application process, ensuring a smooth experience from initial inquiry to loan closing. The institution’s commitment to small business growth is reflected in its tailored financial solutions and personalized service, making it a trusted partner for entrepreneurs across North Carolina.

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Lender Type

Commercial Bank

Google Rating

4.2

Google Review Count

468

Question 1

What is this place and what can I find here?

Answer 1

This is a commercial bank that specializes in SBA loans, offering small businesses access to funding for growth, real estate, and equipment needs. They provide personalized service and support clients through the entire loan process.

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-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 for initial inquiries; however, loan processing and closing may include standard origination and service fees.

Question 5

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

Answer 5

This bank primarily serves small business owners within its geographic region, but membership and eligibility requirements apply for specific loan programs.

Question 6

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

Answer 6

A minimum personal credit score of approximately 650 is generally required for loan approval.

Question 7

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

Answer 7

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

Truliant FCU

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