United Bank of Philadelphia

This is a bank that offers SBA loan programs designed to help small businesses access financing for growth, real estate, equipment, and working capital needs. You can find personalized support and guidance throughout the application process, tailored to your business goals.

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

The bank's branch hours are typically Monday through Friday, 9 am to 5 pm, but it's best to check ahead for specific appointment times or special hours.

There are no fees for initial consultations; however, loan processing and closing fees may apply depending on the specific financing arrangement.

This service is primarily available to small business owners within the bank's regional service area, but eligibility depends on meeting SBA program requirements.

A minimum personal credit score of around 640 is typically preferred, but other factors such as business cash flow and collateral are also considered.

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

Most banks keep weekday business hours and are closed on weekends, and United Bank of Philadelphia 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 United Bank of Philadelphia to confirm current weekend availability before you go.

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

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

You can reach United Bank of Philadelphia by phone at (215) 978-5300, online at ubphila.com, or email businessbanking@ubphila.com for business loans. Confirm current contact details directly with the bank.

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