Community Investment Corporation

This is a community-focused SBA lender offering small business loans and financial services to support local entrepreneurs and economic development.

It's recommended to schedule an appointment to ensure dedicated time with a loan officer, but walk-ins may be accommodated depending on availability.

The office operates from 9:00 AM to 5:00 PM, Monday through Friday, with appointments available outside these hours upon request.

There are no fees for initial consultations; applicable loan fees are disclosed during the application process.

This service is open to small business owners in the region, primarily serving Connecticut-based entrepreneurs.

Typically, a minimum personal credit score of 650 is preferred, though other factors are also considered.

The underwriting process usually takes between 30 to 45 days, depending on the complexity of the application and completeness of documentation.

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

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

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

You can reach Community Investment Corporation by phone at (203) 668-7084 — 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 Community Investment Corporation before relying on them.

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