Simmons Bank

This is a financial institution offering SBA loan programs and banking services tailored for small businesses. You can find information about loan options, application procedures, and personalized support for your business needs.

It's recommended to schedule an appointment to ensure dedicated time with a loan officer, but walk-ins are also welcome during business hours.

Simmons Bank's Pine Bluff Main location is open Monday through Thursday from 9:00 AM to 4:00 PM and Friday from 9:00 AM to 5:00 PM. Confirm current hours with the branch.

There are no fees to access basic banking services, but loan applications and processing may involve standard fees depending on the loan type.

This bank primarily serves residents and small business owners within the local community and surrounding regions.

A minimum personal credit score of around 640 is generally preferred, though higher scores improve approval chances.

The underwriting process typically takes 2 to 4 weeks, depending on the complexity of the loan and completeness of application materials.

Simmons Bank is closed on weekends. SBA lending staff are generally reachable Monday through Friday only. Confirm weekend service options with the bank.

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

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

You can reach Simmons Bank by phone at (870) 541-1300 or email support@simmonsbank.com. For SBA loans, ask for their business lending or SBA department.

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