F & M Bank
F & M Bank is an active SBA lender in the United States, a bank offering SBA-guaranteed small-business loans. Currently rated 3.2 stars across 6 Google reviews.
About F & M Bank
F & M Bank offers comprehensive SBA lending services tailored to small businesses seeking financing options for growth and expansion. With a focus on supporting local entrepreneurs, the bank provides various SBA loan programs, including the popular 7(a) loan program, to meet diverse business needs. Whether you're looking for working capital, equipment financing, or real estate loans, F & M Bank can assist in navigating the application process and securing funding. The bank's experienced team understands the intricacies of SBA loans and works closely with clients to ensure smooth approval and disbursement. Located in West Point, Nebraska, the bank serves the local business community with personalized service and flexible lending solutions. Their commitment to small business success is reflected in their ability to approve loans up to $611,000, helping entrepreneurs achieve their goals efficiently and effectively.
Common questions about F & M Bank
What is this place and what can I find here?
This is a local bank offering SBA loan programs and small business financing solutions, providing personalized service to help entrepreneurs grow their businesses.
Do I need an appointment or can I walk in?
It's recommended to schedule an appointment to ensure dedicated time with a loan officer, but walk-ins are also welcome during business hours.
What are the hours of operation?
The bank operates from 9:00 AM to 5:00 PM, Monday through Friday.
Is there a fee to use this?
There are no fees for visiting; however, loan application fees and closing costs may apply depending on the loan type.
Who is this open to — anyone, or only residents/members?
This bank primarily serves local residents and small businesses within the region, but some services are available to non-residents upon qualification.
What minimum personal credit score does this bank look for in a guarantor?
A minimum personal credit score of 640 is generally preferred, though approval depends on overall financial profile.
How long does the traditional underwriting process take from start to close?
The underwriting process typically takes 2 to 4 weeks, depending on the completeness of the application and documentation provided.
Is this open on weekends?
Most banks keep weekday business hours and are closed on weekends, and F & M 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 F & M Bank to confirm current weekend availability before you go.
How do I get there and where do I park?
F & M Bank 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 F & M Bank, an SBA-participating bank. It is maintained by SBA Lenders USA to help borrowers compare lenders — not by F & M Bank itself, which runs its own lending under its own ownership. If you work at F & M Bank, you can claim this listing from this page to manage it.
How current is the information on this page?
The core details for F & M 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 F & M Bank before applying. If you represent F & M Bank, claim this listing to keep its information up to date.
How do I contact this listing directly?
You can reach F & M Bank by phone at (402) 372-5331 or online at fmbankne.bank — 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 F & M Bank before relying on them.
What core industries does this commercial bank traditionally choose to finance?
Like most SBA lenders, F & M Bank 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 F & M Bank 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 F & M Bank participates in SBA Express depends on its specific SBA lending authority. Contact F & M 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?
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. F & M Bank 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. F & M Bank's appetite for start-ups is set by its own credit policy. If you are early-stage or pre-revenue, ask F & M 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 F & M 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 F & M 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 F & M 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. F & M Bank weighs this case by case under its own policy, so be upfront about your history and ask F & M Bank how it evaluates prior bankruptcies.