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United Bank of Union

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Description

United Bank of Union offers comprehensive SBA lending services tailored to small businesses seeking financial support for growth, expansion, or operational needs. With a focus on small business financing, the bank provides various loan options, including the SBA 7(a) program, to help entrepreneurs access capital efficiently. Located in Union, Missouri, the bank serves local businesses with personalized service and flexible lending solutions. Whether you’re looking to purchase equipment, expand your premises, or manage cash flow, this bank can assist with tailored loan products designed to meet diverse business needs. Their experienced lending team guides clients through the application process, ensuring clarity and support at every step. The bank’s commitment to small business success is reflected in its ability to provide funding up to $340,000 for qualified borrowers. They also support other SBA programs, making them a versatile partner for small business growth initiatives.

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Q&A

Lender Type
Commercial Bank
Google Rating
4.1
Google Review Count
17
Question 1
What is this place and what can I find here?
Answer 1
This is a local bank offering SBA loan programs and small business financing options to help entrepreneurs grow and succeed in their community.
Question 2
Do I need an appointment or can I walk in?
Answer 2
It"s recommended to schedule an appointment to meet 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 8:30 AM to 4:30 PM.
Question 4
Is there a fee to use this?
Answer 4
There are no fees for simply visiting; fees may apply for loan processing and related services.
Question 5
Who is this open to — anyone, or only residents/members?
Answer 5
This bank primarily serves local residents and small business owners in the Union area.
Question 6
What minimum personal credit score does this bank look for in a guarantor?
Answer 6
A minimum personal credit score of 640 is generally required, though individual circumstances may vary.
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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