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Village Bank

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Description

Offering comprehensive SBA lending services, this financial institution specializes in supporting small businesses with a variety of loan options. They provide tailored financing solutions to help entrepreneurs grow, expand, or stabilize their operations. With a focus on the 7(a) loan program, they assist clients in securing funding for equipment, real estate, working capital, and more. Their experienced team guides borrowers through the application process, ensuring clarity and efficiency from start to finish. Whether you’re a startup or an established business, they are committed to helping you achieve your financial goals with personalized service and competitive terms. Located in Saint Francis, MN, they serve a broad client base across the region, emphasizing local economic development and small business success.

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Q&A

Lender Type
Commercial Bank
Google Rating
4
Google Review Count
101
Question 1
What is this place and what can I find here?
Answer 1
This is a financial institution that offers SBA loan programs and small business financing solutions to help entrepreneurs grow and succeed. You can find personalized support, competitive loan options, and guidance through the application process here.
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 be available during business hours.
Question 3
What are the hours of operation?
Answer 3
The bank operates from 9:00 AM to 5:00 PM, Monday through Friday. It is advisable to call ahead for specific appointment availability or after-hours services.
Question 4
Is there a fee to use this?
Answer 4
There are no fees for simply visiting or consulting; fees may apply for loan processing and closing, which will be detailed during your application.
Question 5
Who is this open to — anyone, or only residents/members?
Answer 5
This bank primarily serves small business clients in the region, but eligibility for loans is based on creditworthiness and business criteria, not residency alone.
Question 6
What minimum personal credit score does this bank look for in a guarantor?
Answer 6
A minimum personal credit score of 640 is generally recommended, though other factors such as business performance and collateral are also considered.
Question 7
How long does the traditional underwriting process take from start to close?
Answer 7
The underwriting process typically takes between 30 to 45 days, depending on the complexity of the application and completeness of documentation.
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