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University of Virginia Community Credit Union Inc

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Description

Offering comprehensive commercial banking services, this institution specializes in SBA loan programs to support small businesses across various industries. With a focus on facilitating growth and expansion, it provides tailored financing options including SBA 7(a) loans, which are ideal for working capital, equipment, and real estate purchases. The bank’s experienced team guides clients through the application process, ensuring clarity and efficiency. Its commitment to small business success is reflected in its flexible lending criteria and dedicated support staff. Located in Charlottesville, VA, the bank serves local entrepreneurs and regional businesses, helping them access capital with competitive terms and personalized service. Whether you’re starting a new venture or expanding an existing one, this lender offers the resources needed to achieve your business goals. Their SBA programs are designed to be accessible, with streamlined approval processes and expert advice to navigate complex financing options. The institution also supports microloans and other SBA initiatives, making it a versatile partner for small business owners at various stages of growth. Overall, this bank is committed to fostering economic development in its community by providing reliable, accessible financing solutions tailored to small business needs.

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Q&A

Lender Type
Commercial Bank
Google Rating
3.9
Google Review Count
23
Question 1
What is this place and what can I find here?
Answer 1
This is a commercial bank that offers SBA loan programs and small business financing solutions to support entrepreneurs and regional businesses. You can find assistance with SBA 7(a) loans, microloans, and other tailored financial products designed to help your business grow.
Question 2
Do I need an appointment or can I walk in?
Answer 2
It is recommended to schedule an appointment to ensure dedicated service, but walk-ins are also welcome during business hours. Calling ahead can help you prepare for a smooth and efficient visit.
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. Hours may vary on holidays or special occasions, so it"s best to contact the branch directly for confirmation.
Question 4
Is there a fee to use this?
Answer 4
There are no fees for simply visiting or consulting with the bank, but loan applications and services may involve certain fees or interest charges depending on the product.
Question 5
Who is this open to — anyone, or only residents/members?
Answer 5
This institution primarily serves small business owners and entrepreneurs in the region, but membership or residency is not typically required for business loans or services.
Question 6
What minimum personal credit score does this bank look for in a guarantor?
Answer 6
A minimum personal credit score of 620 is generally preferred, though other factors may also be considered during the underwriting process.
Question 7
How long does the traditional underwriting process take from start to close?
Answer 7
The underwriting process typically takes between 2 to 4 weeks, depending on the complexity of the loan and completeness of the application.
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