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Money Management

Financial Organization Tips for Small Business Success

Some business owners don’t think about organizing their finances until tax season. Others don’t place a lot of emphasis on keeping documents organized until something goes... Read More

Business Banking

From First Account to First Loan: Building a Banking Relationship That Grows With You

Opening your new company's first bank account is one of the first official steps that you’ll take as a business owner. While you might assume that all banks are the same, the... Read More

The Advantage of Working With a Chicago-Based SBA Lender

Small business owners in Chicagoland know that growth rarely happens in a straight line. A restaurant may need to expand into a second location. A manufacturer may need new... Read More

From Tenant to Owner: Financing Your First Commercial Property

For many small business owners, leasing a space is usually the most effective way to get started. Paying monthly rent may be more affordable than taking out a mortgage that... Read More

Money Management

100% Bonus Depreciation Is Back: What Local Businesses Should Review

Tax rules have shifted again for businesses planning investments in equipment, vehicles, technology, or facilities. The IRS says that for qualified property acquired and... Read More

When to Invest in Automation and How to Fund It

Automation continues to influence how businesses of all sizes and types operate. However, knowing when to invest in automation is an important part of using these tools to... Read More

Centrust Community

The Morning Blend: From Service to Small Business: Helping Veterans Build Their Next Chapter

At Centrust Bank, a division of SmartBiz Bank, N.A., we know that service does not end when a military career does. For many veterans, the next chapter is about continuing to... Read More

Money Management

How to Prepare Financially for Opening a Second Location

Opening a second location is an exciting milestone. It may mean your business has steady demand, a loyal customer base, and a growth opportunity worth exploring. But... Read More

Applying Before You Need It: A Smarter Way to Fund Growth

Many business owners make the mistake of waiting until they urgently need funding before they apply for it. This typically not only results in strained cash flow, but it may... 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.