First Service Bank

This is a community-focused bank offering SBA lending services to support small and medium-sized businesses in the Greenbrier area. You can find personalized financial solutions, expert guidance, and support for various business needs, including expansion, equipment, and real estate. The bank's team is dedicated to helping local businesses grow and succeed with flexible financing options.

It's recommended to schedule an appointment to ensure dedicated time with a lending specialist, but walk-ins are also welcome during business hours. Calling ahead can help streamline your visit and ensure the right staff is available to assist you.

The bank operates Monday through Friday from 8:30 AM to 5:00 PM. Special hours may apply on holidays, so it's best to contact the branch directly for specific scheduling details.

There are no fees for simply visiting or consulting with a banker. However, standard loan application and processing fees may apply if you proceed with financing.

This bank primarily serves local residents and businesses in the Greenbrier area, but they also work with regional clients seeking SBA loans. Business eligibility depends on meeting lending criteria and creditworthiness.

Typically, a minimum personal credit score of 640 is preferred, but the final decision depends on the overall credit profile and business financials.

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

First Service Bank offers Saturday video teller service from 8:00 AM to 12:30 PM; contact the bank to confirm if the main branch is open on weekends.

First Service Bank 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.

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

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

You can reach First Service Bank by phone at (501) 679-7300 or online at firstservicebank.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 First Service Bank before relying on them.

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