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Southern Bancorp Bank
Southern Bancorp Bank
Amount
Varies
Deadline
Rolling
Odds
Not published
Effort
1 to 2 hrs
Can you get this?
✓Small businesses of all sizes welcome
✓Agricultural projects can receive financing
✓Focuses on underserved communities
Your real odds
This is a lending institution, so approval depends on your creditworthiness and loan eligibility, not a competitive selection process.
As a CDFI, Southern Bancorp tends to be more flexible than conventional banks for underserved borrowers, but loan amounts and terms vary by applicant and are not publicly disclosed.
What it takes
Review loan types and identify your fit1 to 2 hrs
Contact or visit a branch to discuss eligibility1 day
Submit application with required documents1 to 2 wks
Worth knowing
Southern Bancorp is one of the nation's oldest CDFIs and pairs lending with financial development tools through its Opportunity Center, so the relationship can extend beyond the loan itself.
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