Over the past few months, rising interest rates have impacted different aspects of our economy. Additionally, inflation has been higher than in the past and… Read More »Community Banks Continue to Provide Small Business Lending
Almost every business has been negatively affected by the coronavirus pandemic, and many are in dire need of assistance because of it. One way that… Read More »Federated Bank: Your Local PPP Source
Federated Bank has announced the opening of a new loan production office in Will County. The bank will offer reliable lending and leasing options, including… Read More »Federated Bank to Open Loan Production Office in Will County
Many businesses, including seasonal businesses that experience busy and slow times of the year and businesses with a lengthy manufacturing process, will at some point… Read More »How Businesses Benefit from Inventory Financing
“You have to spend money to make money.” This familiar quote illustrates the obvious – that it takes money to run a business. It also demonstrates… Read More »Commercial Lines of Credit: A Helpful Financing Option
By Mike Breisch If you are looking at expanding your current business or if you’re wanting to become a business owner, then an investment that… Read More »Things to Consider Before Buying an Existing Business
By Amanda Martinez Seasons come and seasons go. Living in central Illinois, we know this better than anyone. The long, hot days of summer will… Read More »How the Seasons Can Affect Your Business
By Joan Honeycutt There are many good reasons to borrow money. Most people will take out a mortgage in order to buy a home. Small… Read More »Before You Borrow – Questions to Ask Yourself
By Craig Gocken There are times in the life of a business when applying for a business loan makes sense. This may be at the… Read More »Preparing to Apply for a Business Loan