FMS Bank
FMS Bank is an active SBA lender in Colorado, a bank offering SBA-guaranteed small-business loans. Currently rated 4.8 stars across 85 Google reviews.
About FMS Bank
FMS Bank offers comprehensive SBA lending solutions tailored to small and medium-sized businesses seeking financial support for growth, expansion, or operational needs. With a focus on providing accessible financing options, the bank specializes in SBA 7(a) loans, which are designed to help businesses secure funding with favorable terms and flexible repayment options. Their experienced lending team works closely with clients to understand their unique needs and guide them through the application process, ensuring a smooth experience from start to finish. Located in Fort Morgan, Colorado, the bank serves local businesses while also supporting a broader regional economic development effort. They have a strong track record of approving substantial loan amounts, with the largest recorded approval reaching $320,000, demonstrating their capacity to fund diverse business projects. Whether you're looking to finance equipment, real estate, or working capital, FMS Bank is committed to helping entrepreneurs access the capital they need to succeed.
Industries FMS Bank finances
Business types FMS Bank actively lends to, from its SBA loan history. Tap one to see every lender serving it.
Common questions about FMS Bank
What is this place and what can I find here?
This is a bank offering SBA loan programs designed to help small and medium-sized businesses access financing for growth and operational needs. You can find information on loan options, application processes, and personalized support for your business funding goals.
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.
What are the hours of operation?
FMS Bank's lobby is open Monday through Friday from 9:00 AM to 5:00 PM; the drive-thru operates 7:30 AM to 5:30 PM. Contact FMS Bank at (970) 867-3319 to confirm specific appointment availability.
Is there a fee to use this?
There are no fees to inquire about or apply for SBA loans, but certain processing and closing fees may apply depending on the loan terms.
Who is this open to — anyone, or only residents/members?
This bank primarily serves local businesses and residents in the Fort Morgan area, but they also support regional businesses seeking SBA financing.
What minimum personal credit score does this bank look for in a guarantor?
A minimum personal credit score of around 650 is generally preferred, but approval depends on the overall financial profile and business strength.
How long does the traditional underwriting process take from start to close?
The underwriting process typically takes 2 to 4 weeks, depending on the complexity of the application and completeness of submitted documentation.
Is this open on weekends?
Most banks keep weekday business hours and are closed on weekends, and FMS Bank typically follows the same pattern. SBA lending staff are generally reachable Monday through Friday. A few locations offer Saturday or by-appointment hours, so call FMS Bank to confirm current weekend availability before you go.
How do I get there and where do I park?
FMS Bank is located in Colorado — 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 FMS Bank, an SBA-participating bank. It is maintained by SBA Lenders USA to help borrowers compare lenders — not by FMS Bank itself, which runs its own lending under its own ownership. If you work at FMS Bank, you can claim this listing from this page to manage it.
How current is the information on this page?
The core details for FMS Bank — 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 FMS Bank before applying. If you represent FMS Bank, claim this listing to keep its information up to date.
How do I contact this listing directly?
You can reach FMS Bank by phone at (970) 867-3319 or online at fmsbank.com — the details are in the contact card on this page. For SBA loans specifically, ask for their business lending or SBA department. Treat this directory page as a starting point and confirm hours and contact details with FMS Bank before relying on them.
What core industries does this commercial bank traditionally choose to finance?
Based on its approved SBA loans, FMS Bank most often finances businesses in construction & contractors, restaurants & food service, automotive repair & services, cleaning, landscaping & janitorial, food manufacturing & processing, and general retail. This reflects FMS Bank's real SBA 7(a) and 504 lending history rather than a stated policy — it can still consider other industries and sets its own current preferences, so confirm with FMS Bank which sectors 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 FMS Bank participates in SBA Express depends on its specific SBA lending authority. Contact FMS Bank 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?
FMS Bank is a preferred Small Business Administration (SBA) lender offering SBA loans for business acquisition, equipment, and working capital. Confirm current PLP status and lending authority directly with the bank.
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. FMS Bank's appetite for start-ups is set by its own credit policy. If you are early-stage or pre-revenue, ask FMS Bank 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 FMS Bank 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 FMS Bank 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 FMS Bank 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. FMS Bank weighs this case by case under its own policy, so be upfront about your history and ask FMS Bank how it evaluates prior bankruptcies.
