What is a 7a Commercial Loan?

The 7(a) loan program is the SBA’s primary program for providing financial assistance to small businesses. The terms and conditions, like the guaranty percentage and loan amount, may vary by the type of loan. Lenders are not required to take collateral for loans up to...

Small Business Lending

Chicago Area Commercial Loans for Small Business Shop Your Bank works with a multitude of Banks, CMBS lenders, Insurance companies, and private lenders to insure our clients’ needs are fully covered.  Shop your Bank experts know how to effectively and efficiently get...
Best Commercial loan Options

Best Commercial loan Options

Here is a quick look at how some commercial loans work. Traditional Term Loans A traditional term loan is a lump sum of cash that you pay back, plus interest, over a fixed period of time. Banks and online lenders issue term loans. These commercial loans are best for...
Commercial Loans

Commercial Loans

Shop Your Bank helps our clients obtain a wide variety of commercial loans in the Chicago area.  Getting a commercial loan in recent years with all the governmental imposed regulations put on commercial lenders has made getting any commercial loan a pretty daunting...
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