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West Texas National Bank

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Description

Specializing in small business financing, this commercial bank offers a range of SBA loan programs tailored to meet the needs of entrepreneurs and growing businesses. With a focus on supporting local economic development, it provides financing options for equipment purchases, working capital, and business expansion. The bank has a strong history of SBA program support, particularly in the 7(a) loan program, which is ideal for businesses seeking flexible funding solutions. Its experienced lending team works closely with clients to understand their unique needs and guide them through the application process. Whether you’re starting a new venture or expanding an existing business, this bank can help you access the capital you need to succeed. The bank’s commitment to personalized service and community support makes it a trusted partner for small business owners in the Midland area and beyond.

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Q&A

Lender Type
Commercial Bank
Google Rating
3.6
Google Review Count
7
Question 1
What is this place and what can I find here?
Answer 1
This is a community-focused commercial bank that offers SBA loan programs and small business financing solutions designed to help entrepreneurs grow and succeed. You can find personalized service and expert guidance on securing funding for your business needs.
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 officer, but walk-ins are also welcome during business hours. Calling ahead can help you prepare for your visit.
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"s best to contact the branch directly 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 the bank, but fees may apply for certain services or loan processing. It"s advisable to inquire about specific costs during your consultation.
Question 5
Who is this open to — anyone, or only residents/members?
Answer 5
This bank primarily serves residents and small business owners within the Midland region and surrounding areas. Non-residents may need to meet specific criteria or provide additional documentation.
Question 6
What minimum personal credit score does this bank look for in a guarantor?
Answer 6
The bank generally looks for a minimum personal credit score of 620 to qualify for SBA loans, though higher scores improve your chances of approval.
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 application and completeness of documentation.
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