Eclipse Bank Inc

This is a bank that specializes in SBA loan programs, offering small business financing options including SBA 7(a) loans. You can find personalized support, guidance through the application process, and competitive loan terms tailored to your business needs.

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

The bank's typical hours are Monday through Friday, 9 am to 5 pm, but it is best to contact them directly for specific appointment times or after-hours services.

There are no fees for simply visiting or consulting; however, standard loan fees such as guarantee fees and closing costs apply when securing financing.

This bank primarily serves local businesses in the Louisville area, but eligibility for SBA loans is based on business criteria rather than residency alone.

A personal credit score of at least 640 is generally preferred to qualify for favorable SBA loan terms.

The underwriting process typically 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 Eclipse Bank Inc 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 Eclipse Bank Inc to confirm current weekend availability before you go.

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

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

You can reach Eclipse Bank Inc by phone at (502) 671-4800, email at [email protected], or use the contact form at eclipsebank.com.

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