This type of credit is most often used to provide short-term liquidity needs and seasonal financing. Terms for this type of credit may vary, but are usually under one-year. Loans are generally made and secured with short-term assets, such as inventory, accounts receivable and other current assets.
Looking to build, expand or grow your business! Our business real estate professionals are here to serve you. We offer a variety of solutions for your real estate finance needs. We provide a number of real estate options and amortization schedules.
SBA loans are most often used for businesses with a lower down payment amount, desired smaller monthly payment and a longer term fixed rate financing. We can assist you with long-term fixed rates through the SBA 7(a) and SBA 504 loan programs.
Most often used to guarantee the payment of a customer's draft or insure financial performance under a contract.
As in any financial transaction trust is a key component. This is especially true in a loan situation. Our loan professionals are here to serve you and make the loan process as smooth as possible. At Farmers & Merchants State Bank we are a locally, owned independent community bank where loan decisions are made quickly and efficiently without any hassle. We will take the time to sit down and discuss any options that may be available to you in your particular loan situation.