Farmers Bank and Trust
Description
Farmers Bank and Trust offers comprehensive SBA lending services tailored to small and medium-sized businesses seeking financial support for growth, expansion, or operational needs. With a focus on personalized service, they assist clients in navigating SBA programs such as the 7(a) loan program, providing flexible financing options up to $95,000 for qualifying businesses. Their team specializes in understanding local market dynamics and delivering solutions that align with your business goals, whether you’re looking to purchase equipment, refinance debt, or expand your facilities.
Location
Review
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Q&A
Lender Type
Commercial Bank
Google Rating
3.7
Google Review Count
14
Question 1
What is this place and what can I find here?
Answer 1
This is a local bank offering SBA loan programs and financial services tailored to small and medium-sized businesses. You can find personalized support, loan options, and guidance to help grow your business.
Question 2
Do I need an appointment or can I walk in?
Answer 2
It is recommended to schedule an appointment to ensure dedicated time with a banking specialist, but walk-ins are also welcome 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, with extended hours by appointment.
Question 4
Is there a fee to use this?
Answer 4
There may be fees associated with loan processing and closing costs, which will be disclosed during your application process.
Question 5
Who is this open to — anyone, or only residents/members?
Answer 5
This bank primarily serves local residents and small business owners within the region, but services are available to qualified applicants meeting lending criteria.
Question 6
What minimum personal credit score does this bank look for in a guarantor?
Answer 6
Typically, a minimum personal credit score of 650 is preferred, but the exact requirement may vary based on the loan and applicant profile.
Question 7
How long does the traditional underwriting process take from start to close?
Answer 7
The underwriting process generally takes between 2 to 4 weeks, depending on the completeness of your application and supporting documents.