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Farmers & Merchants Bank & Trust

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Description

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.

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Q&A

Lender Type
Commercial Bank
Google Rating
3.7
Google Review Count
11
Question 1
What is this place and what can I find here?
Answer 1
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.
Question 2
Do I need an appointment or can I walk in?
Answer 2
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.
Question 3
What are the hours of operation?
Answer 3
The bank typically operates from 8:30 AM to 4:30 PM, Monday through Friday. It"s advisable to check directly with the branch for any variations or special hours.
Question 4
Is there a fee to use this?
Answer 4
There are no fees for initial inquiries or consultations. Loan application fees and other charges depend on the specific financing product and terms negotiated.
Question 5
Who is this open to — anyone, or only residents/members?
Answer 5
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.
Question 6
What minimum personal credit score does this bank look for in a guarantor?
Answer 6
A minimum personal credit score of around 640 is typically preferred, though higher scores improve the likelihood of approval and better terms.
Question 7
How long does the traditional underwriting process take from start to close?
Answer 7
The underwriting process generally takes between 30 to 60 days, depending on the complexity of the loan and completeness of your application.
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