University Bank

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.

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.

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.

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.

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.

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

The underwriting process typically takes between 30 to 60 days, depending on the complexity of the loan and the completeness of the application.

Most banks keep weekday business hours and are closed on weekends, and University Bank 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 University Bank to confirm current weekend availability before you go.

University Bank is located in Michigan — 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.

This page is an independent directory listing for University Bank, an SBA-participating bank. It is maintained by SBA Lenders USA to help borrowers compare lenders — not by University Bank itself, which runs its own lending under its own ownership. If you work at University Bank, you can claim this listing from this page to manage it.

The core details for University Bank — 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 University Bank before applying. If you represent University Bank, claim this listing to keep its information up to date.

You can reach University Bank by phone at (734) 741-5858 or via email at information@university-bank.com. Their Business Lending Team can also be contacted through a form on their business lending page. For SBA loans, ask for their Government Guaranteed Lending specialists. Confirm current contact methods with the lender.

Based on its approved SBA loans, University Bank most often finances businesses in wholesale & distribution, manufacturing, and restaurants & food service. This reflects University Bank's real SBA 7(a) and 504 lending history rather than a stated policy — it can still consider other industries and sets its own current preferences, so confirm with University Bank which sectors it actively lends to before you apply.

SBA Express offers lines of credit and term loans up to $500,000 with a faster turnaround than standard 7(a) loans. Whether University Bank participates in SBA Express depends on its specific SBA lending authority. Contact University Bank and ask if it offers SBA Express and what the current limits and terms look like for your situation.

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. University Bank can confirm its current PLP standing — ask before you apply if speed matters to you.

University Bank's SBA 7(a) lending program supports startups and growing businesses with flexible terms, lower down payment requirements, and longer repayment periods. Confirm specific eligibility and requirements with their Business Lending Team.

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 University Bank what down payment it expects for your specific commercial real estate purchase.

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 University Bank to spell out any prepayment penalties before you sign.

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 University Bank to confirm it qualifies and how to document it.

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. University Bank weighs this case by case under its own policy, so be upfront about your history and ask University Bank how it evaluates prior bankruptcies.