BHM Bank

This is a commercial bank that offers small business financing options, including SBA loans, to help entrepreneurs grow and expand their businesses. You can find personalized support and guidance through the loan application process tailored to your specific needs.

It is recommended to schedule an appointment to ensure dedicated time with a loan officer, but walk-ins may be accommodated depending on availability. Calling ahead can help streamline your visit.

Typically, the bank operates from 9:00 AM to 5:00 PM, Monday through Friday. However, hours may vary, so it's best to check with the branch directly.

There are no fees for visiting the bank, but loan processing and application fees may apply depending on the loan type and terms. It's advisable to discuss fee details with a loan officer upfront.

This bank primarily serves local small business owners and residents in the region, but eligibility depends on meeting specific lending criteria and creditworthiness.

A minimum personal credit score of around 650 is generally preferred, though higher scores improve approval chances. Each application is evaluated on a case-by-case basis.

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

Most banks keep weekday business hours and are closed on weekends, and BHM Bank 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 BHM Bank to confirm current weekend availability before you go.

BHM Bank is located in Alabama — 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 BHM Bank, an SBA-participating bank. It is maintained by SBA Lenders USA to help borrowers compare lenders — not by BHM Bank itself, which runs its own lending under its own ownership. If you work at BHM Bank, you can claim this listing from this page to manage it.

The core details for BHM Bank — 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 BHM Bank before applying. If you represent BHM Bank, claim this listing to keep its information up to date.

You can reach BHM Bank through their website at alamericabank.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 BHM Bank before relying on them.

Based on its approved SBA loans, BHM Bank most often finances businesses in restaurants & food service. This reflects BHM Bank'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 BHM Bank 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 BHM Bank participates in SBA Express depends on its specific SBA lending authority. Contact BHM Bank 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. BHM Bank 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. BHM Bank's appetite for start-ups is set by its own credit policy. If you are early-stage or pre-revenue, ask BHM Bank 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 BHM Bank 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 BHM Bank 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 BHM Bank 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. BHM Bank weighs this case by case under its own policy, so be upfront about your history and ask BHM Bank how it evaluates prior bankruptcies.