Renasant Bank
Renasant Bank is an active SBA lender in Mississippi, a bank offering SBA-guaranteed small-business loans. Currently rated 3.2 stars across 23 Google reviews.
$1.2B
in SBA approvals since 2010
1,570
SBA loans funded
Restaurants & Food Service · Hotels & Lodging · General Retail
Top industries financed
Source: U.S. SBA 7(a) & 504 FOIA loan-approval records (FY2010–present).
About Renasant Bank
Renasant Bank offers comprehensive SBA lending solutions tailored to small businesses seeking financial growth and stability. With a focus on supporting local entrepreneurs, this bank provides a variety of loan programs, including the SBA 7(a) loan, to help fund business expansion, equipment purchase, or working capital needs. Their experienced team guides clients through the application process, ensuring a smooth experience from initial inquiry to loan closing. The bank's expertise in SBA lending allows it to serve a diverse range of industries, providing flexible terms and competitive rates. Whether you're a startup or an established business, Renasant Bank is committed to helping you achieve your financial goals with personalized service and strategic financing options.
Serves SBA borrowers in 9 states
Renasant Bank has funded SBA loans for businesses in these states, by borrower location. Tap a state to see every lender serving it.
Industries Renasant Bank finances
Business types Renasant Bank actively lends to, from its SBA loan history. Tap one to see every lender serving it.
Common questions about Renasant Bank
What is this place and what can I find here?
This is a bank that offers SBA loan programs to help small businesses secure financing for growth and operations. You can find information about loan options, application processes, and personalized support for your business needs.
Do I need an appointment or can I walk in?
It's recommended to schedule an appointment to ensure dedicated time with a loan officer, but walk-ins are also welcome during business hours.
What are the hours of operation?
The Tupelo-Main branch is open 9:00 AM to 4:30 PM Monday through Thursday, and 9:00 AM to 5:00 PM on Friday. Please confirm current hours with Renasant Bank.
Is there a fee to use this?
There are no fees to access basic information, but loan applications and processing may involve certain fees depending on the loan terms.
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 some services may be available nationally.
What minimum personal credit score does this bank look for in a guarantor?
A minimum personal credit score of 620 is generally required for guarantors.
How long does the traditional underwriting process take from start to close?
The underwriting process typically takes between 30 to 45 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 Renasant Bank 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 Renasant Bank to confirm current weekend availability before you go.
How do I get there and where do I park?
Renasant Bank is located in Mississippi — 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 Renasant Bank, an SBA-participating bank. It is maintained by SBA Lenders USA to help borrowers compare lenders — not by Renasant Bank itself, which runs its own lending under its own ownership. If you work at Renasant Bank, you can claim this listing from this page to manage it.
How current is the information on this page?
The core details for Renasant 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 Renasant Bank before applying. If you represent Renasant Bank, claim this listing to keep its information up to date.
How do I contact this listing directly?
You can reach Renasant Bank by phone at (662) 680-1147 or online at renasantbank.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 Renasant Bank before relying on them.
What core industries does this commercial bank traditionally choose to finance?
Based on its approved SBA loans, Renasant Bank most often finances businesses in restaurants & food service, general retail, medical practices & clinics, construction & contractors, manufacturing, and automotive repair & services. This reflects Renasant 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 Renasant Bank 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 Renasant Bank participates in SBA Express depends on its specific SBA lending authority. Contact Renasant Bank 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?
Renasant Bank holds SBA Preferred Lender status, which allows them to process and approve SBA loans faster without SBA review. Please confirm this applies to the Tupelo location.
Are start-up companies eligible for financing at this traditional institution?
Renasant Bank offers SBA 7(a) loans which are commonly used to finance startups and franchises. Please confirm specific eligibility requirements and collateral needs with Renasant 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 Renasant Bank 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 Renasant Bank 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 Renasant Bank 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. Renasant Bank weighs this case by case under its own policy, so be upfront about your history and ask Renasant Bank how it evaluates prior bankruptcies.
