Fidelity Bank

This is a branch of Fidelity Bank offering SBA lending services and financial solutions for small businesses in the Mandeville area. You can find assistance with SBA 7(a) loans, business financing, and personalized banking support tailored to your needs.

It is recommended to schedule an appointment to meet with a lending specialist, but walk-ins are also welcome during business hours. Calling ahead ensures you receive dedicated time and preparation for your loan application.

Fidelity Bank's Mandeville location operates Monday through Thursday from 9:00 AM to 4:00 PM and Friday from 9:00 AM to 5:00 PM. Hours may vary by location and holidays—confirm directly with the branch.

There are no fees to visit the branch for general inquiries. However, loan processing and application fees may apply during the financing process, which will be disclosed upfront.

This branch primarily serves residents and small business owners in the Mandeville area. Non-residents may need to meet additional criteria or provide extra documentation to qualify for certain services.

Typically, a personal credit score of 650 or higher is preferred, but the final decision depends on the overall creditworthiness and collateral available.

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

Fidelity Bank's Mandeville location is closed on weekends and does not operate Saturday or Sunday.

Fidelity Bank Mandeville is located in Louisiana with directions available via Google Maps. Free on-site parking is available. For specific accessible parking options and entrance details, contact the branch.

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

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

You can contact Fidelity Bank Mandeville through their contact form at help.bankwithfidelity.com, by phone at (985) 727-5060, or online at bankwithfidelity.com. For SBA loans specifically, ask for their business lending department.

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