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Westbury Bank

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Description

Offering comprehensive SBA lending services, this financial institution specializes in supporting small businesses with various financing options. Whether you need funding for expansion, equipment, or working capital, they provide tailored solutions to meet your business needs. Their expertise includes SBA 7(a) loans, which are ideal for a wide range of business purposes, and they have a strong history of approving substantial loan amounts, up to $1,415,000. With a focus on personalized service, they assist clients throughout the loan process, ensuring clarity and support at every step. Their team understands the nuances of SBA programs and can help you navigate eligibility requirements, documentation, and approval procedures. This lender is committed to fostering growth within the small business community, offering flexible terms and competitive rates. They serve a broad geographic area, primarily supporting businesses across the nation, with particular strength in their regional market. Their goal is to empower entrepreneurs by providing accessible funding options that facilitate business success and economic development.

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Q&A

Lender Type
Commercial Bank
Google Rating
3.7
Google Review Count
3
Question 1
What is this place and what can I find here?
Answer 1
This is a financial institution that offers SBA loan programs to small businesses, providing funding solutions such as 7(a), 504, and Express loans to support business growth and development.
Question 2
Do I need an appointment or can I walk in?
Answer 2
It is recommended to schedule an appointment to ensure dedicated assistance, but walk-ins may be accommodated depending on availability.
Question 3
What are the hours of operation?
Answer 3
The typical hours are Monday through Friday from 9:00 AM to 5:00 PM, but it is best to contact the branch directly for specific hours.
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 related services as outlined during the application process.
Question 5
Who is this open to — anyone, or only residents/members?
Answer 5
This lender primarily serves small business owners across the country, regardless of residency, provided they meet the qualification 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 640 is typically required, though higher scores improve approval chances.
Question 7
How long does the traditional underwriting process take from start to close?
Answer 7
The underwriting process usually takes between 30 to 60 days, depending on the complexity of the loan and completeness of documentation.
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