Crossroads Bank

This is a local bank offering SBA loan programs and financial services tailored to small businesses in the Wabash area, helping entrepreneurs access capital for growth and expansion.

It's recommended to schedule an appointment to ensure dedicated time with a loan officer, but walk-ins are also welcome during business hours.

The bank operates from 9:00 AM to 5:00 PM, Monday through Friday.

There are no fees for visiting or consulting; however, loan application and processing fees may apply depending on the loan terms.

This bank primarily serves small business owners and residents within the Wabash community and surrounding areas.

A minimum personal credit score of around 640 is typically preferred, but standards can vary based on the loan type and applicant profile.

The underwriting process generally takes 2 to 4 weeks, depending on the complexity of the application and completeness of documentation.

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

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

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

You can reach Crossroads Bank by phone at (260) 563-3185 or via their contact form at https://www.crossroadsbanking.com/contact-us/. For business lending inquiries, please confirm availability directly with the bank.

Based on its approved SBA loans, Crossroads Bank most often finances businesses in general retail, manufacturing, and restaurants & food service. This reflects Crossroads 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 Crossroads 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 Crossroads Bank participates in SBA Express depends on its specific SBA lending authority. Contact Crossroads Bank and ask if it offers SBA Express and what the current limits and terms look like for your situation.

Crossroads Bank operates as an SBA Preferred Lender, which allows them to approve SBA loans in-house for faster decisions. Confirm current PLP status and available loan products directly with the bank.

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. Crossroads Bank's appetite for start-ups is set by its own credit policy. If you are early-stage or pre-revenue, ask Crossroads 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 Crossroads 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 Crossroads 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 Crossroads 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. Crossroads Bank weighs this case by case under its own policy, so be upfront about your history and ask Crossroads Bank how it evaluates prior bankruptcies.