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University Bank

University Bank offers comprehensive SBA lending solutions tailored to small and medium-sized businesses seeking financial support for growth, expansion, or operational needs. With a focus on personalized service, the bank provides access to SBA 7(a) loans, which are ideal for a variety of business purposes including working capital, equipment purchase, and real estate acquisition. Their experienced team guides clients through the application process, ensuring clarity and efficiency from start to finish. Located in Ann Arbor, Michigan, the bank leverages local market knowledge to support regional businesses, but also offers nationwide lending capabilities for qualifying borrowers. The bank’s SBA programs are designed to facilitate favorable loan terms, competitive interest rates, and flexible repayment options, making it a reliable partner for entrepreneurs and established companies alike. Whether you’re a startup or an established enterprise, University Bank is committed to helping you achieve your business goals through tailored financing solutions and expert guidance.

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Lender Type

Commercial Bank

Google Rating

4.9

Google Review Count

Question 1

What is this place and what can I find here?

Answer 1

This is a bank that offers SBA loan programs and financial services to help small and medium-sized businesses grow and succeed. You can find personalized lending options, expert guidance, and support for various business needs across the country.

Question 2

Do I need an appointment or can I walk in?

Answer 2

It"s recommended to schedule an appointment to ensure dedicated time with a loan specialist, but walk-ins are also welcome during business hours. Calling ahead can help streamline your visit and prepare necessary documentation.

Question 3

What are the hours of operation?

Answer 3

The bank typically operates from 9:00 AM to 5:00 PM, Monday through Friday. It"s best to contact the branch directly for specific hours or to schedule an appointment outside regular hours.

Question 4

Is there a fee to use this?

Answer 4

There are no fees for simply visiting or consulting with bank staff. However, loan applications and processing may involve fees such as origination or closing costs, which vary depending on the loan terms.

Question 5

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

Answer 5

This bank primarily serves local residents and business owners in the Ann Arbor area but offers SBA lending programs that are accessible to qualified applicants nationwide.

Question 6

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

Answer 6

A minimum personal credit score of around 680 is generally recommended, though higher scores improve approval chances and loan terms.

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 the completeness of the application.

University Bank

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