VeraBank National Association
VeraBank National Association is an active SBA lender in Texas, a bank offering SBA-guaranteed small-business loans. Currently rated 4.7 stars across 69 Google reviews.
$61M
in SBA approvals since 2010
88
SBA loans funded
Restaurants & Food Service · Food Manufacturing & Processing · Hotels & Lodging
Top industries financed
Source: U.S. SBA 7(a) & 504 FOIA loan-approval records (FY2010–present).
About VeraBank National Association
VeraBank National Association offers comprehensive SBA lending services tailored to meet the needs of small businesses seeking financial support. With a focus on small business financing, the bank provides a variety of loan options including SBA 7(a) loans, which are ideal for working capital, equipment purchase, and expansion projects. The bank's experienced lending team works closely with clients to understand their unique needs and guide them through the application process, ensuring a smooth experience from start to finish. Located in Henderson, TX, the bank leverages its local presence to deliver personalized service while also supporting clients across the nation. Whether you're a startup or an established business, VeraBank is committed to helping you access the capital necessary for growth and success. Their SBA programs are designed to be flexible, with competitive terms and a straightforward application process. The bank also offers expertise in SBA 504 loans, which are suitable for real estate and major equipment purchases, providing long-term, fixed-rate financing options. With a strong reputation for customer service and a deep understanding of SBA lending, VeraBank is a trusted partner for small business owners looking to expand or improve their operations.
Industries VeraBank National Association finances
Business types VeraBank National Association actively lends to, from its SBA loan history. Tap one to see every lender serving it.
Common questions about VeraBank National Association
What is this place and what can I find here?
This is a bank that specializes in SBA loans and small business financing. 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 is recommended to schedule an appointment to ensure dedicated time with a loan officer, but walk-ins may be accommodated depending on availability.
What are the hours of operation?
The bank is typically open from 9 AM to 5 PM, Monday through Friday, but hours may vary, so it's best to call ahead.
Is there a fee to use this?
There are no fees to visit the bank; however, loan application and processing fees may apply for specific services.
Who is this open to — anyone, or only residents/members?
This bank primarily serves residents and small business owners within its geographic area, but SBA loan programs can support clients nationwide.
What minimum personal credit score does this bank look for in a guarantor?
A minimum personal credit score of around 640 is generally preferred, though higher scores improve approval chances.
How long does the traditional underwriting process take from start to close?
The underwriting process typically takes between 30 to 60 days, depending on the complexity of the loan and completeness of documentation.
Is this open on weekends?
Most banks keep weekday business hours and are closed on weekends, and VeraBank 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 VeraBank National Association to confirm current weekend availability before you go.
How do I get there and where do I park?
VeraBank National Association is located in Texas — 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 VeraBank National Association, an SBA-participating bank. It is maintained by SBA Lenders USA to help borrowers compare lenders — not by VeraBank National Association itself, which runs its own lending under its own ownership. If you work at VeraBank 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 VeraBank 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 VeraBank National Association before applying. If you represent VeraBank National Association, claim this listing to keep its information up to date.
How do I contact this listing directly?
You can reach VeraBank National Association by phone at (903) 657-1444 or online at verabank.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 VeraBank National Association before relying on them.
What core industries does this commercial bank traditionally choose to finance?
Based on its approved SBA loans, VeraBank National Association most often finances businesses in restaurants & food service and medical practices & clinics. This reflects VeraBank 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 VeraBank 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 VeraBank National Association participates in SBA Express depends on its specific SBA lending authority. Contact VeraBank 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. VeraBank 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. VeraBank National Association's appetite for start-ups is set by its own credit policy. If you are early-stage or pre-revenue, ask VeraBank 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 VeraBank 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 VeraBank 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 VeraBank 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. VeraBank National Association weighs this case by case under its own policy, so be upfront about your history and ask VeraBank National Association how it evaluates prior bankruptcies.
