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business lending

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.