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F and M Community Bank National Association

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Description

F and M Community Bank National Association offers comprehensive SBA lending options tailored to small businesses seeking financial support for growth, expansion, or operational needs. The bank specializes in providing accessible financing solutions with a focus on small business success, leveraging its experience with SBA programs to facilitate loans that meet diverse business requirements. With a strong local presence, it supports entrepreneurs through personalized service and flexible lending criteria, making it a reliable partner for small business owners in the Preston area and beyond. The bank’s expertise includes SBA 7(a) loans, which are ideal for working capital, equipment purchase, or real estate acquisition, with approval amounts reaching up to $189,000. Its commitment to supporting small businesses is reflected in its tailored approach, ensuring clients receive the funding they need to thrive and grow in competitive markets.

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Q&A

Lender Type
Commercial Bank
Google Rating
3.9
Google Review Count
7
Question 1
What is this place and what can I find here?
Answer 1
This is a community bank offering SBA lending services to small businesses, providing financing options such as SBA 7(a) loans to support business growth and expansion.
Question 2
Do I need an appointment or can I walk in?
Answer 2
It"s recommended to schedule an appointment to discuss your financing needs, but walk-in consultations may be available during business hours.
Question 3
What are the hours of operation?
Answer 3
The bank operates from 9:00 AM to 5:00 PM, Monday through Friday, but hours may vary, so it"s best to contact ahead of your visit.
Question 4
Is there a fee to use this?
Answer 4
There are no fees for simply visiting or consulting; fees are associated with loan processing and closing costs, which will be disclosed upfront.
Question 5
Who is this open to — anyone, or only residents/members?
Answer 5
This bank primarily serves residents and small business owners within its regional area, but eligibility criteria apply based on creditworthiness and loan purpose.
Question 6
What minimum personal credit score does this bank look for in a guarantor?
Answer 6
A minimum personal credit score of 640 is typically required, but stronger scores improve loan approval chances.
Question 7
How long does the traditional underwriting process take from start to close?
Answer 7
The underwriting process generally takes 2 to 4 weeks, depending on the completeness of your application and supporting documentation.
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