Equity Bank

This is a bank offering SBA lending services, including SBA 7(a) loans, to help small businesses access funding for growth and operational needs. You can find personalized financial solutions tailored to your business goals.

It's recommended to schedule an appointment to ensure dedicated assistance, but walk-ins are also welcome during business hours.

The Andover branch is open Monday through Friday from 9:00 a.m. to 5:00 p.m., with lobby hours also available Saturday from 9:00 a.m. to 12:00 p.m. Confirm current hours directly with Equity Bank.

There are fees associated with SBA loans, including guarantee fees and closing costs, which vary depending on the loan specifics.

This bank primarily serves small business owners in the regional area, but eligibility is based on loan criteria and creditworthiness.

A minimum personal credit score of around 640 is generally preferred, though higher scores improve approval chances.

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

Yes, the Andover location is open on Saturdays from 9:00 a.m. to 12:00 p.m. Sunday hours are not listed. Confirm with Equity Bank for your specific visit.

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

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

You can reach Equity Bank by phone at (316) 733-5041 or online at equitybank.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 Equity Bank before relying on them.

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