Evolve Bank and Trust
Evolve Bank and Trust is an active SBA lender in Arkansas, a bank offering SBA-guaranteed small-business loans. Currently rated 3.3 stars across 10 Google reviews.
$714M
in SBA approvals since 2010
694
SBA loans funded
Childcare & Early Education · Medical Practices & Clinics · Restaurants & Food Service
Top industries financed
Source: U.S. SBA 7(a) & 504 FOIA loan-approval records (FY2010–present).
About Evolve Bank and Trust
Evolve Bank and Trust offers comprehensive SBA lending services tailored to small businesses seeking financial growth. With a focus on supporting entrepreneurs, this institution provides various loan options including SBA 7(a) and 504 programs, designed to meet diverse business needs. Their team works closely with clients to facilitate funding for acquisitions, expansions, and working capital, ensuring a smooth application process. Located in West Memphis, AR, they serve a broad range of industries, emphasizing personalized service and flexible financing solutions. Whether you're a startup or an established business, Evolve Bank and Trust aims to empower your growth with competitive rates and expert guidance.
Serves SBA borrowers in 25 states
Evolve Bank and Trust has funded SBA loans for businesses in these states, by borrower location. Tap a state to see every lender serving it.
Industries Evolve Bank and Trust finances
Business types Evolve Bank and Trust actively lends to, from its SBA loan history. Tap one to see every lender serving it.
Common questions about Evolve Bank and Trust
What is this place and what can I find here?
This is a bank that offers SBA loan programs to help small businesses access funding for growth, expansion, and operational needs.
Do I need an appointment or can I walk in?
It's recommended to schedule an appointment, but walk-ins are also welcome depending on availability.
What are the hours of operation?
Evolve Bank and Trust operates Monday through Friday from 8:00 AM to 5:00 PM (Central Time). Confirm current hours directly with the bank.
Is there a fee to use this?
There are no fees for accessing SBA loan consultations, but standard loan fees and closing costs apply when funding is secured.
Who is this open to — anyone, or only residents/members?
This service is open to small businesses nationwide, regardless of residency, provided they meet the eligibility criteria.
What minimum personal credit score does this bank look for in a guarantor?
A minimum personal credit score of 640 is generally preferred, but other factors also influence approval.
How long does the traditional underwriting process take from start to close?
The underwriting process typically takes 30 to 60 days, depending on the complexity of the application and completeness of documentation.
Is this open on weekends?
Most banks keep weekday business hours and are closed on weekends, and Evolve Bank and Trust 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 Evolve Bank and Trust to confirm current weekend availability before you go.
How do I get there and where do I park?
Evolve Bank and Trust is located in Arkansas — 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.
Who owns or operates this listing?
This page is an independent directory listing for Evolve Bank and Trust, an SBA-participating bank. It is maintained by SBA Lenders USA to help borrowers compare lenders — not by Evolve Bank and Trust itself, which runs its own lending under its own ownership. If you work at Evolve Bank and Trust, you can claim this listing from this page to manage it.
How current is the information on this page?
The core details for Evolve Bank and Trust — 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 Evolve Bank and Trust before applying. If you represent Evolve Bank and Trust, claim this listing to keep its information up to date.
How do I contact this listing directly?
You can reach Evolve Bank and Trust by phone at (870) 735-6100 or online at getevolved.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 Evolve Bank and Trust before relying on them.
What core industries does this commercial bank traditionally choose to finance?
Based on its approved SBA loans, Evolve Bank and Trust most often finances businesses in restaurants & food service, medical practices & clinics, general retail, automotive repair & services, childcare & early education, and construction & contractors. This reflects Evolve Bank and Trust'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 Evolve Bank and Trust which sectors it actively lends to before you apply.
Can I apply for an SBA Express line of credit at this branch?
SBA Express offers lines of credit and term loans up to $500,000 with a faster turnaround than standard 7(a) loans. Whether Evolve Bank and Trust participates in SBA Express depends on its specific SBA lending authority. Contact Evolve Bank and Trust and ask if it offers SBA Express and what the current limits and terms look like for your situation.
Does this bank have Preferred Lender Provider status with the government?
Evolve Bank and Trust holds SBA Preferred Lender status, which allows the bank to process and approve loans in-house without SBA review, significantly reducing approval timelines. Confirm current PLP status with the bank.
Are start-up companies eligible for financing at this traditional institution?
Evolve Bank and Trust offers SBA financing to both startups and established businesses. Confirm startup financing eligibility and requirements with the bank.
What are the typical down payment expectations for commercial real estate acquisitions?
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 Evolve Bank and Trust what down payment it expects for your specific commercial real estate purchase.
Does this bank impose prepayment penalties on short-term working capital facilities?
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 Evolve Bank and Trust to spell out any prepayment penalties before you sign.
Can I use loan proceeds from this bank to buy out an existing equity partner?
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 Evolve Bank and Trust to confirm it qualifies and how to document it.
Will historical personal bankruptcies automatically disqualify my loan application here?
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. Evolve Bank and Trust weighs this case by case under its own policy, so be upfront about your history and ask Evolve Bank and Trust how it evaluates prior bankruptcies.
