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Midland States Bank (IL)

Midland States Bank (IL)

It only takes a moment for an idea to spark or to start planning for your forever. Whatever your moments, we're here to make them brighter.

Change of Ownership
Existing or more than 2 years old
Fixed Rates
New Business or 2 years or less
Preferred Lenders Program
# SBA Express Program
# Variable Rates
SBA Loan Approvals as of 6/30/25 20
SBA Loans Total Approval Amount as of 6/30/25 $7,319,200
Average SBA Loan Size as of 6/30/25 $365,960
Average SBA Loan Rate over Prime (Prime is 7%) 1.93
Midland States Bank (IL)

Unlock Your Financial Potential with Midland States Bank (IL)

Midland States Bank, headquartered in Effingham, Illinois, is a full-service community bank with a strong focus on supporting small and mid-sized businesses throughout Illinois and the Midwest. Through SBA-backed loan programs and tailored commercial financing, Midland States Bank helps business owners secure the capital they need to expand, innovate, and invest in long-term growth.

Key Features of Midland States Bank

  • Comprehensive Business Banking Services: Business checking & savings accounts, treasury management services, merchant processing, and online & mobile business banking platforms.
  • SBA Loan Programs: As a participating SBA 7(a) and SBA 504 lender, Midland offers affordable, long-term financing for equipment, commercial real estate, working capital, and business expansion.
  • Commercial Lending Solutions: The bank also provides business term loans, credit lines, equipment financing, and commercial real estate financing tailored to your business goals.
  • Industry Experience: Strong lending history in manufacturing, healthcare, agriculture, hospitality, construction, logistics, and professional service sectors.
  • Local Banking + Regional Strength: Local bankers provide personal guidance, supported by the lending capacity of a multi-state financial institution.

Why Choose Midland States Bank for SBA Loans?

Midland States Bank blends commercial lending expertise with the personal attention of a community bank. Their SBA lending specialists work closely with business owners to structure financing options that support stability, growth, and long-term success. Whether you're acquiring property, expanding facilities, or improving cash flow, Midland provides clarity, flexibility, and partnership at every step.

How to Get Started

Ready to explore SBA or commercial financing options? Visit the
Midland States Bank Business Lending page
to learn more and connect with a business lending specialist.

Empower your financial future today with Midland States Bank — where Illinois businesses find the capital and support needed to grow with confidence.

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