Farmers & Merchants Bank & Trust
Farmers & Merchants Bank & Trust is an active SBA lender in the United States, a bank offering SBA-guaranteed small-business loans. Currently rated 3.7 stars across 11 Google reviews.
About Farmers & Merchants Bank & Trust
Farmers & Merchants Bank & Trust offers comprehensive SBA lending solutions tailored to small businesses seeking financial support for growth, expansion, or operational needs. With a focus on personalized service, the bank provides access to SBA 7(a) loans, which are ideal for a variety of business purposes including working capital, equipment purchase, and real estate acquisition. Their experienced lending team guides clients through the application process, ensuring clarity and support at every step. The bank's strong community presence in Marinette allows it to understand local market dynamics, making it a reliable partner for small business owners. They also support SBA 504 loans and other small business financing options, aiming to foster economic development in the region. Whether you're a startup or an established business, Farmers & Merchants Bank & Trust is committed to helping you achieve your financial goals with flexible terms and competitive rates.
Common questions about Farmers & Merchants Bank & Trust
What is this place and what can I find here?
This is a commercial bank that provides small business loans, including SBA-backed financing options, to support local entrepreneurs and businesses in the Marinette area. You can find personalized lending services, expert guidance, and a variety of financial products tailored to your business needs. The bank focuses on fostering economic growth and community development through accessible funding solutions.
Do I need an appointment or can I walk in?
It's recommended to schedule an appointment to ensure dedicated time with a lending specialist, but walk-in consultations may also be available during business hours. Calling ahead can help you prepare the necessary documentation and streamline the process.
What are the hours of operation?
Farmers & Merchants Bank & Trust's lobby hours are Monday through Friday, 8:30 AM to 4:00 PM, with drive-up service extending to 5:00 PM. Please confirm current hours directly with the bank.
Is there a fee to use this?
There are no fees for initial inquiries or consultations. Loan application fees and other charges depend on the specific financing product and terms negotiated.
Who is this open to — anyone, or only residents/members?
This bank primarily serves residents and small business owners within the region, but they welcome inquiries from eligible businesses seeking SBA financing regardless of membership status.
What minimum personal credit score does this bank look for in a guarantor?
A minimum personal credit score of around 640 is typically preferred, though higher scores improve the likelihood of approval and better terms.
How long does the traditional underwriting process take from start to close?
The underwriting process generally takes between 30 to 60 days, depending on the complexity of the loan and completeness of your application.
Is this open on weekends?
Farmers & Merchants Bank & Trust's Roosevelt branch is open Saturday from 8:00 AM to 11:00 AM. Please contact the Ludington or Crivitz branches directly to confirm their weekend availability.
How do I get there and where do I park?
Farmers & Merchants Bank & Trust is located at the address listed on this page — 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.
Who owns or operates this listing?
This page is an independent directory listing for Farmers & Merchants Bank & Trust, an SBA-participating bank. It is maintained by SBA Lenders USA to help borrowers compare lenders — not by Farmers & Merchants Bank & Trust itself, which runs its own lending under its own ownership. If you work at Farmers & Merchants Bank & Trust, you can claim this listing from this page to manage it.
How current is the information on this page?
The core details for Farmers & Merchants Bank & Trust — 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 Farmers & Merchants Bank & Trust before applying. If you represent Farmers & Merchants Bank & Trust, claim this listing to keep its information up to date.
How do I contact this listing directly?
You can reach Farmers & Merchants Bank & Trust at (715) 735-6617 or use their contact form at fmmarinette.com/contact-us. Please confirm current contact information directly with the bank.
What core industries does this commercial bank traditionally choose to finance?
Like most SBA lenders, Farmers & Merchants Bank & Trust 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 Farmers & Merchants Bank & Trust directly which industries it actively lends to before you apply.
Can I apply for an SBA Express line of credit at this branch?
SBA Express offers lines of credit and term loans up to $500,000 with a faster turnaround than standard 7(a) loans. Whether Farmers & Merchants Bank & Trust participates in SBA Express depends on its specific SBA lending authority. Contact Farmers & Merchants Bank & Trust and ask if it offers SBA Express and what the current limits and terms look like for your situation.
Does this bank have Preferred Lender Provider status with the government?
SBA Preferred Lender Program (PLP) status lets a lender approve loans in-house without sending each one to the SBA first, which usually means faster decisions. Many established banks hold PLP status, but it varies by institution. Farmers & Merchants Bank & Trust can confirm its current PLP standing — ask before you apply if speed matters to you.
Are start-up companies eligible for financing at this traditional institution?
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. Farmers & Merchants Bank & Trust's appetite for start-ups is set by its own credit policy. If you are early-stage or pre-revenue, ask Farmers & Merchants Bank & Trust directly whether it considers start-up loans.
What are the typical down payment expectations for commercial real estate acquisitions?
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 Farmers & Merchants Bank & Trust what down payment it expects for your specific commercial real estate purchase.
Does this bank impose prepayment penalties on short-term working capital facilities?
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 Farmers & Merchants Bank & Trust to spell out any prepayment penalties before you sign.
Can I use loan proceeds from this bank to buy out an existing equity partner?
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 Farmers & Merchants Bank & Trust to confirm it qualifies and how to document it.
Will historical personal bankruptcies automatically disqualify my loan application here?
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. Farmers & Merchants Bank & Trust weighs this case by case under its own policy, so be upfront about your history and ask Farmers & Merchants Bank & Trust how it evaluates prior bankruptcies.