United Bank & Trust Co
United Bank & Trust Co is an active SBA lender in the United States, a bank offering SBA-guaranteed small-business loans. Currently rated 4.2 stars across 5 Google reviews.
About United Bank & Trust Co
Offering comprehensive SBA loan options, this financial institution specializes in supporting small businesses with tailored financing solutions. Whether you're seeking funding for expansion, equipment, or working capital, they provide expert guidance throughout the application process. Their team is committed to helping entrepreneurs succeed by providing flexible loan programs and personalized service. With a focus on small business growth, they facilitate access to capital through various SBA-supported programs, ensuring that clients receive competitive rates and terms. Located in Marshalltown, IA, they serve a diverse range of industries, including hospitality, retail, and healthcare, making them a versatile partner for local and regional businesses. Their experienced lenders understand the nuances of SBA lending and work diligently to match clients with the right loan products. From initial consultation to closing, their staff offers support and advice to streamline the borrowing experience. They also provide resources and education to help clients understand the loan process and requirements, fostering confidence and clarity. Whether you're a startup or an established business, this bank is dedicated to fostering economic growth in the community by providing accessible financial solutions tailored to your needs.
Common questions about United Bank & Trust Co
What is this place and what can I find here?
This is a financial institution offering SBA loan programs and small business financing solutions. You can find support for business expansion, working capital, and equipment financing, along with expert guidance throughout the loan process.
Do I need an appointment or can I walk in?
It is recommended to schedule an appointment to ensure dedicated assistance, but walk-ins are also welcome during business hours. Contacting ahead can help streamline your application process.
What are the hours of operation?
Typically, the bank operates from 9 AM to 5 PM, Monday through Friday. It is advisable to confirm hours directly with the branch before visiting.
Is there a fee to use this?
There are no fees for simply visiting or consulting; however, loan applications and processing may involve fees such as origination or closing costs, which are disclosed upfront.
Who is this open to — anyone, or only residents/members?
This bank primarily serves small business owners within its regional service area, but eligibility depends on meeting specific loan criteria and creditworthiness.
What minimum personal credit score does this bank look for in a guarantor?
A minimum personal credit score of around 640 is generally preferred, but other factors are also considered during the approval process.
How long does the traditional underwriting process take from start to close?
The underwriting process typically takes between 30 to 60 days, depending on the complexity of the application and completeness of documentation.
Is this open on weekends?
Most banks keep weekday business hours and are closed on weekends, and United Bank & Trust Co typically follows the same pattern. SBA lending staff are generally reachable Monday through Friday. A few locations offer Saturday or by-appointment hours, so call United Bank & Trust Co to confirm current weekend availability before you go.
How do I get there and where do I park?
United Bank & Trust Co is located at the address listed on this page — see the contact card for the full address. Most bank locations offer free on-site or nearby street parking for visitors. For exact directions, the entrance, and accessible parking, use the listed address or call ahead and staff can point you to visitor spaces.
Who owns or operates this listing?
This page is an independent directory listing for United Bank & Trust Co, an SBA-participating bank. It is maintained by SBA Lenders USA to help borrowers compare lenders — not by United Bank & Trust Co itself, which runs its own lending under its own ownership. If you work at United Bank & Trust Co, you can claim this listing from this page to manage it.
How current is the information on this page?
The core details for United Bank & Trust Co — name, location, contact, and lender type — are compiled from public records and reviewed periodically. Rates, programs, credit policies, and hours change often and are not guaranteed here, so always confirm the latest terms directly with United Bank & Trust Co before applying. If you represent United Bank & Trust Co, claim this listing to keep its information up to date.
How do I contact this listing directly?
You can reach United Bank & Trust Co by phone at (641) 753-5900 or online at bankubt.com — the details are in the contact card on this page. For SBA loans specifically, ask for their business lending or SBA department. Treat this directory page as a starting point and confirm hours and contact details with United Bank & Trust Co before relying on them.
What core industries does this commercial bank traditionally choose to finance?
Like most SBA lenders, United Bank & Trust Co can finance a broad range of small businesses — common categories include professional services, healthcare practices, restaurants and franchises, retail, light manufacturing, and commercial real estate. Each bank sets its own industry preferences and may avoid sectors it considers higher risk. Ask United Bank & Trust Co directly which industries it actively lends to before you apply.
Can I apply for an SBA Express line of credit at this branch?
SBA Express offers lines of credit and term loans up to $500,000 with a faster turnaround than standard 7(a) loans. Whether United Bank & Trust Co participates in SBA Express depends on its specific SBA lending authority. Contact United Bank & Trust Co and ask if it offers SBA Express and what the current limits and terms look like for your situation.
Does this bank have Preferred Lender Provider status with the government?
SBA Preferred Lender Program (PLP) status lets a lender approve loans in-house without sending each one to the SBA first, which usually means faster decisions. Many established banks hold PLP status, but it varies by institution. United Bank & Trust Co can confirm its current PLP standing — ask before you apply if speed matters to you.
Are start-up companies eligible for financing at this traditional institution?
The SBA does fund start-ups, but many traditional lenders prefer at least two years of operating history and may ask newer ventures for a larger equity injection or stronger collateral. United Bank & Trust Co's appetite for start-ups is set by its own credit policy. If you are early-stage or pre-revenue, ask United Bank & Trust Co directly whether it considers start-up loans.
What are the typical down payment expectations for commercial real estate acquisitions?
For SBA 7(a) and 504 commercial real estate loans, borrowers typically contribute around 10% to 20% as a down payment or equity injection, depending on the property and the deal. Exact requirements vary with your credit, the business, and the lender's policy. Ask United Bank & Trust Co what down payment it expects for your specific commercial real estate purchase.
Does this bank impose prepayment penalties on short-term working capital facilities?
SBA 7(a) loans with terms under 15 years generally carry no prepayment penalty, while longer real estate loans can have one in the early years. Short-term working capital lines often have no penalty, but terms vary by lender. Review your loan agreement and ask United Bank & Trust Co to spell out any prepayment penalties before you sign.
Can I use loan proceeds from this bank to buy out an existing equity partner?
SBA loans can be used for a partner or owner buyout, including buying out an existing equity partner, when the deal is structured to meet SBA rules — for example, the remaining owner generally must stay actively involved. Approval depends on the specifics, so discuss your buyout plan with United Bank & Trust Co to confirm it qualifies and how to document it.
Will historical personal bankruptcies automatically disqualify my loan application here?
A past personal bankruptcy does not automatically disqualify you from an SBA loan. Lenders look at how long ago it was discharged, the circumstances, and how your credit has recovered since. United Bank & Trust Co weighs this case by case under its own policy, so be upfront about your history and ask United Bank & Trust Co how it evaluates prior bankruptcies.