Bankers Trust Company

This is a commercial bank that provides SBA loan services, including 7(a) loans, to help small businesses access funding for growth and operations.

It's recommended to schedule an appointment to ensure dedicated assistance, but walk-ins may be accommodated depending on availability.

The bank typically operates from 9:00 AM to 5:00 PM, Monday through Friday, but hours may vary, so it's best to contact ahead.

There are no fees for accessing the bank's services, but loan-related fees such as guarantee and closing costs may apply.

The services are open to qualified small business owners regardless of residency, provided they meet lending criteria.

A minimum personal credit score of around 650 is typically required, but higher scores improve approval chances.

The underwriting process usually takes between 30 to 60 days, depending on the complexity of the application and completeness of documentation.

Most banks keep weekday business hours and are closed on weekends, and Bankers Trust Company typically follows the same pattern. SBA lending staff are generally reachable Monday through Friday. A few locations offer Saturday or by-appointment hours, so call Bankers Trust Company to confirm current weekend availability before you go.

Bankers Trust Company is located in Iowa — see the contact card for the full address. Most bank locations offer free on-site or nearby street parking for visitors. For exact directions, the entrance, and accessible parking, use the listed address or call ahead and staff can point you to visitor spaces.

This page is an independent directory listing for Bankers Trust Company, an SBA-participating bank. It is maintained by SBA Lenders USA to help borrowers compare lenders — not by Bankers Trust Company itself, which runs its own lending under its own ownership. If you work at Bankers Trust Company, you can claim this listing from this page to manage it.

The core details for Bankers Trust Company — name, location, contact, and lender type — are compiled from public records and reviewed periodically. Rates, programs, credit policies, and hours change often and are not guaranteed here, so always confirm the latest terms directly with Bankers Trust Company before applying. If you represent Bankers Trust Company, claim this listing to keep its information up to date.

You can reach Bankers Trust Company by phone at (515) 245-2426 or online at bankerstrust.com — the details are in the contact card on this page. For SBA loans specifically, ask for their business lending or SBA department. Treat this directory page as a starting point and confirm hours and contact details with Bankers Trust Company before relying on them.

Based on its approved SBA loans, Bankers Trust Company most often finances businesses in restaurants & food service, construction & contractors, salons, spas & personal care, wholesale & distribution, manufacturing, and general retail. This reflects Bankers Trust Company's real SBA 7(a) and 504 lending history rather than a stated policy — it can still consider other industries and sets its own current preferences, so confirm with Bankers Trust Company which sectors it actively lends to before you apply.

SBA Express offers lines of credit and term loans up to $500,000 with a faster turnaround than standard 7(a) loans. Whether Bankers Trust Company participates in SBA Express depends on its specific SBA lending authority. Contact Bankers Trust Company and ask if it offers SBA Express and what the current limits and terms look like for your situation.

SBA Preferred Lender Program (PLP) status lets a lender approve loans in-house without sending each one to the SBA first, which usually means faster decisions. Many established banks hold PLP status, but it varies by institution. Bankers Trust Company can confirm its current PLP standing — ask before you apply if speed matters to you.

The SBA does fund start-ups, but many traditional lenders prefer at least two years of operating history and may ask newer ventures for a larger equity injection or stronger collateral. Bankers Trust Company's appetite for start-ups is set by its own credit policy. If you are early-stage or pre-revenue, ask Bankers Trust Company directly whether it considers start-up loans.

For SBA 7(a) and 504 commercial real estate loans, borrowers typically contribute around 10% to 20% as a down payment or equity injection, depending on the property and the deal. Exact requirements vary with your credit, the business, and the lender's policy. Ask Bankers Trust Company what down payment it expects for your specific commercial real estate purchase.

SBA 7(a) loans with terms under 15 years generally carry no prepayment penalty, while longer real estate loans can have one in the early years. Short-term working capital lines often have no penalty, but terms vary by lender. Review your loan agreement and ask Bankers Trust Company to spell out any prepayment penalties before you sign.

SBA loans can be used for a partner or owner buyout, including buying out an existing equity partner, when the deal is structured to meet SBA rules — for example, the remaining owner generally must stay actively involved. Approval depends on the specifics, so discuss your buyout plan with Bankers Trust Company to confirm it qualifies and how to document it.

A past personal bankruptcy does not automatically disqualify you from an SBA loan. Lenders look at how long ago it was discharged, the circumstances, and how your credit has recovered since. Bankers Trust Company weighs this case by case under its own policy, so be upfront about your history and ask Bankers Trust Company how it evaluates prior bankruptcies.