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Wisconsin Women’s Business Initiative Corporation

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Description

This lender offers a range of SBA financing options tailored to support small businesses in various industries. With a focus on empowering women entrepreneurs, it provides accessible funding solutions to help startups and established businesses grow. The institution specializes in SBA 7(a) loans, which are ideal for working capital, equipment purchases, and expansion projects. Its experienced team guides clients through the application process, ensuring clarity and support at every step. Located in Milwaukee, it serves the local community while also supporting businesses across the state. The bank emphasizes personalized service, quick turnaround times, and flexible lending criteria to meet the unique needs of each borrower. Whether you’re seeking a small microloan or a larger SBA 7(a) loan, this lender is committed to fostering small business success through tailored financial products and expert advice.

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Q&A

Lender Type
Commercial Bank
Google Rating
4.4
Google Review Count
69
Question 1
What is this place and what can I find here?
Answer 1
This is a financial institution offering SBA loan programs, including 7(a) and microloans, designed to support small and women-owned businesses. You can find personalized lending solutions, expert guidance, and access to capital for various 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 may be accommodated depending on availability. Calling ahead is advised to streamline your visit.
Question 3
What are the hours of operation?
Answer 3
Typically, the office operates from 9 AM to 5 PM, Monday through Friday. It"s best to contact the branch directly for specific hours or to schedule an appointment outside regular hours.
Question 4
Is there a fee to use this?
Answer 4
There are no fees to inquire about or apply for SBA loans, but certain fees may apply during the loan process, such as application or closing fees, which are clearly disclosed upfront.
Question 5
Who is this open to — anyone, or only residents/members?
Answer 5
This institution primarily serves small business owners and entrepreneurs within Wisconsin, with a focus on women-owned businesses. Eligibility is based on business criteria rather than residency alone.
Question 6
What minimum personal credit score does this bank look for in a guarantor?
Answer 6
Typically, a minimum personal credit score of 640 is preferred, but other factors such as business performance and collateral are also considered during underwriting.
Question 7
How long does the traditional underwriting process take from start to close?
Answer 7
The underwriting process generally takes between 30 to 45 days, depending on the completeness of your application and the complexity of your funding needs.
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