Merchants Commercial Bank

This is a commercial bank that offers SBA loan programs and small business financing services, primarily serving entrepreneurs in the Virgin Islands. You can find assistance with SBA 7(a) loans, guidance on funding options, and personalized financial advice to help grow your business.

Ask Merchants Commercial Bank directly — some branches take walk-ins, others book SBA conversations by appointment.

Hours vary by branch and change. Check Merchants Commercial Bank's website or call before you visit.

Browsing this directory is free. Any loan fees are set by Merchants Commercial Bank and the SBA program — ask the lender for its current schedule.

This bank primarily serves residents and small business owners in the Virgin Islands. Non-residents may need to meet specific criteria or provide additional documentation to qualify for certain loan programs.

Many SBA lenders look for a personal score around 640 or higher, but each bank sets its own bar and it changes. Ask Merchants Commercial Bank what it looks for today.

The underwriting process generally takes between 30 to 60 days, depending on the complexity of the application and completeness of documentation provided.

Most bank SBA teams work weekdays; confirm with Merchants Commercial Bank before planning a weekend visit.

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

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

You can reach Merchants Commercial Bank by phone at (340) 779-2265 or online at www.mcbvi.com — the same details are in the contact card on this page.

Like most SBA lenders, Merchants Commercial Bank can finance a broad range of small businesses — common categories include professional services, healthcare practices, restaurants and franchises, retail, light manufacturing, and commercial real estate. Each bank sets its own industry preferences and may avoid sectors it considers higher risk. Ask Merchants Commercial Bank directly which industries 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 Merchants Commercial Bank participates in SBA Express depends on its specific SBA lending authority. Contact Merchants Commercial Bank and ask if it offers SBA Express and what the current limits and terms look like for your situation.

Whether Merchants Commercial Bank has SBA Preferred Lender (PLP) status is set by the SBA. Ask the bank directly; PLP lenders can approve in-house and often move faster.

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. Merchants Commercial Bank's appetite for start-ups is set by its own credit policy. If you are early-stage or pre-revenue, ask Merchants Commercial 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 Merchants Commercial 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 Merchants Commercial 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 Merchants Commercial 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. Merchants Commercial Bank weighs this case by case under its own policy, so be upfront about your history and ask Merchants Commercial Bank how it evaluates prior bankruptcies.