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United Fidelity Bank, FSB

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Description

United Fidelity Bank, FSB offers comprehensive SBA lending solutions tailored to meet the needs of small and medium-sized businesses. With a focus on supporting local enterprises, the bank provides access to various SBA programs, including the popular 7(a) loan program, to facilitate business growth, expansion, and working capital needs. Their experienced lending team works closely with clients to understand their unique financial situations and craft customized financing options. The bank’s expertise extends to supporting industries such as manufacturing, retail, healthcare, and more, ensuring a broad reach across different sectors. They prioritize quick turnaround times and personalized service to help businesses secure funding efficiently. Whether you’re looking to purchase equipment, expand operations, or manage cash flow, United Fidelity Bank, FSB is committed to providing flexible financing options with competitive terms. Their local presence in Evansville allows for personalized support and a deep understanding of regional economic conditions, making them a trusted partner for local entrepreneurs and business owners.

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Q&A

Lender Type
Commercial Bank
Google Rating
3.9
Google Review Count
20
Question 1
What is this place and what can I find here?
Answer 1
This is a financial institution offering SBA loan programs and business financing solutions. You can find information about different loan options, application processes, and personalized support for your business needs.
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 accommodated based on availability.
Question 3
What are the hours of operation?
Answer 3
The bank"s typical hours are Monday through Friday, from 9:00 AM to 5:00 PM, but it is best to contact them directly for specific appointment times.
Question 4
Is there a fee to use this?
Answer 4
There are no fees to inquire about SBA loans, but specific loan applications and processing may involve standard fees associated with SBA financing.
Question 5
Who is this open to — anyone, or only residents/members?
Answer 5
This bank primarily serves local residents and business owners within the Evansville region, but they also welcome inquiries from qualified businesses outside the immediate area.
Question 6
What minimum personal credit score does this bank look for in a guarantor?
Answer 6
A minimum personal credit score of approximately 640 is generally preferred, though the exact requirement may vary based on the loan and borrower profile.
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.
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