Where does SunTrust Bank do business?

SunTrust Bank is based in Atlanta, GA. It was founded in 1865 and offers access to business loans in state across the USA..

Does SunTrust Bank charge an origination fee?

Yes, SunTrust Bank charges a loan origination fee. 

Does SunTrust Bank charge a late fee?

Yes, SunTrust Bank charges borrowers with a late payment fee.

Does SunTrust Bank charge prepayment fees?

Yes, SunTrust Bank charges additional fees to borrowers who pay off their loans sooner than anticipated. Take this into consideration when choosing a lender because prepayment penalties can reduce or even cancel the interest savings of repaying a loan early.

What do you need to qualify for a loan with SunTrust Bank?

SunTrust Bank does not require borrowers to have been in business for a minimum number of years. Active duty servicemembers and their covered dependents cannot apply for a loan via SunTrust Bank. The Military Lending Act prohibits lenders from charging servicemembers more than a 36% APR.

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