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Centrust Bank

June 04, 2020

Grand Rapids Entrepreneur Achieves Goal of Owning a Franchise with The Help of SBA 7A Loan

After helping run several Little Caesars Pizza locations, a Michigan man finally had the opportunity to buy a franchise of his own. With... Read More
June 04, 2020

Centrust Bank Donates COVID-19 Grant Funds to Four Non-Profit Organizations

Chicago area Centrust Bank is pleased to announce donations to four non-profit organizations as a part of the Federal Home Loan Bank (FHLB)... Read More
February 25, 2020

Centrust Provides Construction Loan to Assist Developers in Refurbishing Vintage Building

Aiden Development Corporation is a real estate development firm working hard on renovating vintage townhomes in the Wrigleyville area,... Read More
December 12, 2019

Centrust Bank Builds Lasting Relationship with Dr. Ivan Wolfson, PSY.D

Back in 2014, Dr. Ivan Wolfson, PSY.D came into contact with Centrust Bank— and the rest was history. Dr. Wolfson owns Wolfson... Read More
December 12, 2019

Centrust Bank Helps Des Plaines Clinical Lab Grow Their Business With SBA Loan and Line of Credit

Des Plaines Clinical Lab is a lab testing facility for local doctors and corporations that require toxicology tests. They pride themselves on having a quick... Read More
September 27, 2019

Entrepreneur Secures Equipment Purchase Loan from Centrust to Expand High-End Cabinetry Business

A man with a niche for high-end cabinetry was ready to expand his business, but when a larger company took over his bank, he quickly got... Read More
September 27, 2019

Father-Son Business Partners Make Business Processes More Efficient with an SBA Equipment Loan

A machine shop owner’s son started to work with him back in the 1980’s, leading them to start a new business together that emphasizes... Read More
May 02, 2019

Centrust Helps Women Business Owner Expand Her Pure Barre Studios to Multiple Locations - SBA Loans

Three years ago, Centrust Bank helped a woman entrepreneur purchase a Pure Barre studio in Kildeer where she could help empower families in... Read More
May 02, 2019

Young Entrepreneur Opens Second Spynergy Location with a Working Capital Line of Credit

Liza opened the second Spynergy Cycling Studio in August 2018. This location did not have the necessary layout or equipment to make the... Read More

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1. We conduct a soft credit pull that will not affect your credit score. However, in processing your loan application, the lenders with whom we work will request your full credit report from one or more consumer reporting agencies, which is considered a hard credit pull and happens after your application is in the funding process and matched with a lender who is likely to fund your loan

2. Numbers based on internal reporting and metrics

3. Based on FY2020 SBA loans data released by the SBA for SBA 7(a) loans under $350,000

4. This calculator is a tool meant to help you estimate monthly payment amounts based on the information you enter. The monthly payment provided is an estimate meant for illustrative purposes only, loan sizes, interest rates, and loan terms vary and are determined by the applicant's credit profile.