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Busey Bank (IL)

Busey provides an array of banking services across Illinois, Missouri, Indianapolis and south west Florida.

7a General
Change of Ownership
Existing or more than 2 years old
Loan Funds will Open Business
New Business or 2 years or less
# Preferred Lenders Program
# SBA Express Program
# Startup
# Variable Rates
SBA Loan Approval Count : 60
SBA Loans Total Approval Amount YTD: $52,151,000
Average SBA Loan Size: $869,183
Average SBA Loan Rate over Prime (this number plus current prime rate): 2.07
Busey Bank (IL)

Unlock Your Financial Potential with Busey Bank (IL)

Busey Bank is a full-service financial institution headquartered in Champaign, Illinois, with more than 150 years of experience serving individuals and businesses across the Midwest. Known for its relationship-driven approach and local decision-making, Busey Bank offers a robust suite of services designed to help small businesses start, grow, and thrive — including participation in SBA loan programs.

Key Features of Busey Bank

  • Comprehensive Business Banking: Business checking and savings accounts, cash management, merchant services, and online tools tailored to simplify your company’s finances.
  • SBA Loan Expertise: Busey Bank participates in the U.S. Small Business Administration’s lending programs, including SBA 7(a) and 504 loans. Its experienced commercial lending team helps entrepreneurs navigate the SBA process and secure government-backed financing for working capital, equipment purchases, and real estate.
  • Flexible Commercial Lending: In addition to SBA loans, the bank offers term loans, lines of credit, commercial mortgages, and construction loans with local decision-making and personalized underwriting.
  • User-Friendly Digital Tools: Robust online and mobile banking for both personal and business accounts give you convenient, 24/7 access to your finances.
  • Commitment to Community: As an Illinois-based bank, Busey reinvests in local neighborhoods, supports economic-development initiatives, and provides hands-on guidance to small business owners.

Why Choose Busey Bank for SBA Loans?

Busey Bank combines the personal service of a community bank with the expertise needed to deliver SBA-backed financing effectively. Its business bankers understand the unique needs of Illinois entrepreneurs and work closely with them to streamline approvals, offer competitive rates, and tailor funding solutions for each stage of growth.

How to Get Started

Ready to grow your business with an SBA loan or other financing option? Visit the Busey Bank Business Banking page to explore current offerings, review eligibility, and connect with a local business-banking specialist who can guide you through the process.

Empower your financial future today with Busey Bank — where Illinois businesses come to grow.

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21st Century Bank (MN)

21st Century Bank (MN)

SBA Loan Approval Count : 23
SBA Loans Total Approval Amount YTD: $9,696,700
Average SBA Loan Size: $421,596
Average SBA Loan Rate over Prime (this number plus current prime rate): 1.64
Change of Ownership
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Bangor Savings Bank (ME)

Bangor Savings Bank (ME)

We are dedicated to helping individuals and businesses across Northern New England achieve greater financial wellness and economic mobility. Visit one of our Maine or New Hampshire branches.

SBA Loan Approval Count : 66
SBA Loans Total Approval Amount YTD: $13,731,700
Average SBA Loan Size: $208,056
Average SBA Loan Rate over Prime (this number plus current prime rate): 1.06
Asset Base Working Capital Line (CAPLine)
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Bank of Clarke (VA)

Bank of Clarke (VA)

Bank of Clarke County provides personal banking, business banking, digital banking and wealth management solutions for customers in the Winchester, Clarke, Loudoun and Fairfax Virginia area.

SBA Loan Approval Count : 29
SBA Loans Total Approval Amount YTD: $28,486,300
Average SBA Loan Size: $982,286
Average SBA Loan Rate over Prime (this number plus current prime rate): 2.13
7a General
Change of Ownership
Existing or more than 2 years old

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