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West Union Bank

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Description

West Union Bank offers comprehensive SBA lending services tailored to small businesses seeking financial support for growth, expansion, or operational needs. With a focus on the West Virginia region, the bank provides flexible loan options under SBA programs, including the popular 7(a) loan program, to meet diverse business requirements. Their experienced lending team guides clients through the application process, ensuring clarity and efficiency. The bank specializes in supporting small businesses in the hospitality industry, leveraging their local market knowledge to foster economic development. Whether you’re looking for working capital, equipment financing, or real estate loans, West Union Bank is committed to helping entrepreneurs succeed with personalized service and competitive terms. The bank’s primary goal is to empower small business owners by offering accessible financing solutions that align with their growth ambitions. With a history of approving loans up to $300,000, they are well-equipped to serve a broad spectrum of business needs within their community.

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Q&A

Lender Type
Commercial Bank
Google Rating
3.3
Google Review Count
3
Question 1
What is this place and what can I find here?
Answer 1
This is West Union Bank, a local financial institution offering SBA loan programs and other banking services tailored to small businesses in West Virginia. You can find assistance with business financing, personal banking, and community support initiatives designed to foster economic growth in the region.
Question 2
Do I need an appointment or can I walk in?
Answer 2
It is recommended to schedule an appointment to meet with a lending specialist, but walk-in consultations may also be accommodated depending on availability. Calling ahead ensures you receive dedicated time and preparation for your financing needs.
Question 3
What are the hours of operation?
Answer 3
The bank is typically open from 9:00 AM to 4:00 PM, Monday through Friday. Hours may vary on holidays or special occasions, so it is advisable to contact the branch directly for confirmation.
Question 4
Is there a fee to use this?
Answer 4
There are no fees for visiting the bank or consulting with staff; however, certain banking services or loan applications may involve processing fees, which will be disclosed upfront.
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 West Virginia region, but they welcome inquiries from new clients meeting their lending criteria.
Question 6
What minimum personal credit score does this bank look for in a guarantor?
Answer 6
A minimum personal credit score of around 650 is generally preferred, but creditworthiness is assessed on a case-by-case basis considering overall financial health.
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 completeness of documentation and loan complexity.
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