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United Bank & Trust Co

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Description

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.

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Q&A

Lender Type
Commercial Bank
Google Rating
4.2
Google Review Count
5
Question 1
What is this place and what can I find here?
Answer 1
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.
Question 2
Do I need an appointment or can I walk in?
Answer 2
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.
Question 3
What are the hours of operation?
Answer 3
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.
Question 4
Is there a fee to use this?
Answer 4
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.
Question 5
Who is this open to — anyone, or only residents/members?
Answer 5
This bank primarily serves small business owners within its regional service area, but eligibility depends on meeting specific loan criteria and creditworthiness.
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, but other factors are also considered during the approval process.
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 application and completeness of documentation.
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