Lending Solutions for Businesses of All Sizes
Local businesses are critical to the success of any community. But many businesses need financing assistance to achieve their goals. At Farmers & Merchants State Bank, we are proud to be a trusted local lender for our business community. No matter the size of your business, our lenders will work with you to find the right loan with the right terms and rate to meet your business lending needs. If you have any questions, please contact our team.
Business Loans Offered at Farmers & Merchants State Bank
Loan Type | What You Need to Know |
|---|---|
Revolving Lines of Credit | Many businesses experience seasonal fluctuations in their cash flow. A revolving line of credit allows you to maintain financial flexibility. You draw on the line of credit as you need it and are only charged interest on what you borrow. As you repay your borrowed amount, it becomes available to borrow again. |
Term Loans | Term loans are the most “traditional” form of business loan. These loans are usually secured by existing capital or real estate, and can be used to give your business working capital, purchase necessary equipment, and much more. Term loans usually have a fixed rate, which allows you to budget for the same payment amount each month. |
Business Construction Loans | If you have a specific vision for your workspace, a business construction loan can finance elements related to the building of your space. |
Commercial Real Estate Loan | Whether you’re a new business just starting out or you’re an established business that’s outgrown its current space, a commercial real loan provides you with the resources to purchase an existing space and make it your own. |
Small Business Administration (SBA) Loans | Small businesses face unique challenges to get started. SBA Loans can help them overcome those challenges. SBA Loans generally have lower downpayment requirements, and feature fixed-rate financing. We offer SBA7(a) and SBA 504 Loans. |
Meet Our Lenders
Kyler Kabat
VP, Commercial Loan Officer | NMLS ID#1008823
Division: Commercial Lending
Location: Waterloo Office
Phone: (608) 655-1632
Kyler Kabat
Kyler Kabat joined the bank in 2013 as a Mortgage Lender and has since transitioned into a Commercial Lending role. Working with consumers and business owners has given Kyler the work experience to embrace the meaning of “Partner For Life”. It has allowed Kyler to focus on both the customer’s individual and business goals to achieve their long term success. Kyler recently joined the board of directors of The Lake Mills Main Street Program.
When away from the bank, you can find Kyler with his wife Jennifer and their two kids, cheering for the Badgers or hiking outside.
Scott Cochems
Senior Vice President, Commercial Lending | NMLS ID#1084068
Division: Commercial Lending
Location: Marshall Office
Phone: (608) 655-1473
Scott Cochems
Scott Cochems joined Farmers & Merchants State Bank in 2011 and has more than 20 years of commercial lending experience. As Senior Vice President of Commercial Lending, Scott is responsible for new business development and growing and maintaining the bank’s commercial loan portfolio while remaining a resource for local business owners. Scott furthered his education by graduating from the Graduate School of Banking at UW Madison in 2015. Scott is also an active member of his community’s Rotary.
Scott was born and raised in the Madison area, which gives him a great understanding of that local market. Scott enjoys the outdoors and cheering for the state’s sports teams.
