United Bank of Union

This is a local bank offering SBA loan programs and small business financing options to help entrepreneurs grow and succeed in their community.

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

The bank operates Monday through Friday from 8:30 AM to 4:30 PM.

There are no fees for simply visiting; fees may apply for loan processing and related services.

This bank primarily serves local residents and small business owners in the Union area.

A minimum personal credit score of 640 is generally required, though individual circumstances may vary.

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

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

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

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

You can reach United Bank of Union by phone at (636) 583-2555 or online at ubu.bank — 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 United Bank of Union before relying on them.

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