As a fellow member of the Algonquin business community, it's personal. We want your business to thrive and our experts will work with you to craft a loan that meets your needs and your budget - no matter how small.
Commercial real Estate
Algonquin State Bank provides business owners and investors with hassle-free, short-term or permanent financing for commercial or industrial buildings.
Non-Owner Occupied Residential (1-4 units) & Multifamily (5+ units)
We can help you finance the development and acquisition of rental properties.
Machinery & Equipment Loans
Contact Algonquin State Bank for a customized loan that will help you acquire and maintain the equipment you need to keep your business current.
Operating Lines of Credit
For qualified borrowers, we can offer a line of credit for working capital, or we can issue a letter of credit guaranteeing that your payment to a seller will be received on time and for the contracted amount.
For current rates, please contact an expert banker at (847) 658-4535.