New Omni Bank, National Association
New Omni Bank, National Association is an active SBA lender in California, a bank offering SBA-guaranteed small-business loans. Currently rated 3.6 stars across 5 Google reviews.
$128M
in SBA approvals since 2010
87
SBA loans funded
Hotels & Lodging · Wholesale & Distribution · Medical Practices & Clinics
Top industries financed
Source: U.S. SBA 7(a) & 504 FOIA loan-approval records (FY2010–present).
About New Omni Bank, National Association
New Omni Bank, National Association offers comprehensive SBA lending solutions tailored to small and medium-sized businesses seeking financing options. With a focus on supporting business growth, this bank provides various loan programs including the popular SBA 7(a) program, which is ideal for working capital, equipment purchases, and expansion projects. The bank's experienced team guides clients through the application process, ensuring clarity and efficiency from start to finish. Known for its flexible lending criteria and competitive rates, New Omni Bank is committed to helping entrepreneurs achieve their goals. Whether you're looking to fund a new venture or expand an existing business, they offer personalized service and expert advice to meet your needs. The bank's primary focus is on the hospitality industry, but it also supports other sectors such as healthcare, retail, and manufacturing. With a large approval amount of up to $5,000,000, they are well-equipped to handle substantial financing requests. Located conveniently at 1235 S Garfield Ave in Alhambra, CA, the bank maintains a strong presence in the regional market, serving clients across California and beyond.
Industries New Omni Bank, National Association finances
Business types New Omni Bank, National Association actively lends to, from its SBA loan history. Tap one to see every lender serving it.
Common questions about New Omni Bank, National Association
What is this place and what can I find here?
This is a bank that offers SBA loan programs designed to help small and medium-sized businesses grow through financing options like the 7(a) and 504 loans. You can find expert guidance on business funding and tailored loan solutions.
Do I need an appointment or can I walk in?
It's recommended to schedule an appointment to ensure dedicated service, but walk-ins are also welcome during business hours. Calling ahead can help prepare your application and expedite the process.
What are the hours of operation?
The bank operates Monday through Friday from 9:00 AM to 5:00 PM. It's advisable to contact the branch directly for specific hours or to schedule an appointment.
Is there a fee to use this?
There are no fees to visit or inquire at the bank; however, loan processing and application fees may apply depending on the financing options chosen.
Who is this open to — anyone, or only residents/members?
This bank primarily serves small business owners and entrepreneurs within its regional service area, but eligibility depends on meeting specific credit and business criteria.
What minimum personal credit score does this bank look for in a guarantor?
A minimum personal credit score of 620 is typically required to qualify for SBA loans, though higher scores improve approval chances.
How long does the traditional underwriting process take from start to close?
The underwriting process generally takes between 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 New Omni Bank, National Association 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 New Omni Bank, National Association to confirm current weekend availability before you go.
How do I get there and where do I park?
New Omni Bank, National Association is located in California — 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 New Omni Bank, National Association, an SBA-participating bank. It is maintained by SBA Lenders USA to help borrowers compare lenders — not by New Omni Bank, National Association itself, which runs its own lending under its own ownership. If you work at New Omni Bank, National Association, you can claim this listing from this page to manage it.
How current is the information on this page?
The core details for New Omni Bank, National Association — 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 New Omni Bank, National Association before applying. If you represent New Omni Bank, National Association, claim this listing to keep its information up to date.
How do I contact this listing directly?
You can reach New Omni Bank, National Association by phone at (626) 284-5555 or online at newomnibank.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 New Omni Bank, National Association before relying on them.
What core industries does this commercial bank traditionally choose to finance?
Based on its approved SBA loans, New Omni Bank, National Association most often finances businesses in hotels & lodging, wholesale & distribution, medical practices & clinics, restaurants & food service, and home healthcare. This reflects New Omni Bank, National Association'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 New Omni Bank, National Association 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 New Omni Bank, National Association participates in SBA Express depends on its specific SBA lending authority. Contact New Omni Bank, National Association 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?
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. New Omni Bank, National Association can confirm its current PLP standing — ask before you apply if speed matters to you.
Are start-up companies eligible for financing at this traditional institution?
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. New Omni Bank, National Association's appetite for start-ups is set by its own credit policy. If you are early-stage or pre-revenue, ask New Omni Bank, National Association directly whether it considers start-up loans.
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 New Omni Bank, National Association 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 New Omni Bank, National Association 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 New Omni Bank, National Association 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. New Omni Bank, National Association weighs this case by case under its own policy, so be upfront about your history and ask New Omni Bank, National Association how it evaluates prior bankruptcies.
