First Children’s Finance

This is a bank specializing in SBA loans for small businesses, particularly in the education and childcare sectors, offering financing solutions and expert support to help your business grow.

It is recommended to schedule an appointment to ensure dedicated time with a loan specialist, but walk-in consultations may be available during business hours.

The bank operates Monday through Friday from 9:00 AM to 5:00 PM, with additional hours by appointment.

There are no fees to access basic consultation services, but loan application and processing fees may apply depending on the financing product.

This bank primarily serves small business owners and entrepreneurs in the regional area, with some services available to out-of-state clients upon request.

A minimum personal credit score of 640 is generally required, though stronger credit profiles improve approval chances.

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

Most banks keep weekday business hours and are closed on weekends, and First Children’s Finance 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 First Children’s Finance to confirm current weekend availability before you go.

First Children’s Finance is located at the address listed on this page — 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 First Children’s Finance, an SBA-participating bank. It is maintained by SBA Lenders USA to help borrowers compare lenders — not by First Children’s Finance itself, which runs its own lending under its own ownership. If you work at First Children’s Finance, you can claim this listing from this page to manage it.

The core details for First Children’s Finance — 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 First Children’s Finance before applying. If you represent First Children’s Finance, claim this listing to keep its information up to date.

You can contact First Children's Finance through their contact form at https://www.firstchildrensfinance.org/contact/ or call their toll-free line at 1-866-562-6801. Confirm directly with them for specific inquiries.

Like most SBA lenders, First Children’s Finance can finance a broad range of small businesses — common categories include professional services, healthcare practices, restaurants and franchises, retail, light manufacturing, and commercial real estate. Each bank sets its own industry preferences and may avoid sectors it considers higher risk. Ask First Children’s Finance directly which industries 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 First Children’s Finance participates in SBA Express depends on its specific SBA lending authority. Contact First Children’s Finance 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. First Children’s Finance 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. First Children’s Finance's appetite for start-ups is set by its own credit policy. If you are early-stage or pre-revenue, ask First Children’s Finance 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 First Children’s Finance 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 First Children’s Finance 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 First Children’s Finance 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. First Children’s Finance weighs this case by case under its own policy, so be upfront about your history and ask First Children’s Finance how it evaluates prior bankruptcies.