Loans
Whether your business is a start-up, mature, or expanding, at First DuPage Bank you'll find
experienced and professional commercial loan officers ready to help you. Our local decision-making
ensures that your needs and those of the community are our first concerns. First DuPage Bank
offers the following types of Business Loans:
Revolving Lines of Credit
Equipment Loans
Commercial Mortgage Loans
Construction Loans
Letters of Credit
SBA Loan
Visa Corporate Credit Card
Merchant Card Service
Download and view a Personal Financial Statement.
Revolving Lines of Credit
Our revolving line meets the needs of those businesses which have an on-going or seasonal credit
need. Once your credit line is established, you can draw down, then repay, according to the needs
of your business. Some months you may choose to pay only the interest, while in other months you
may want to repay the principal. A credit line is more efficient than trying to establish and keep
track of several different and overlapping short term loans. It's the easy way to make sure you
always have the short term credit you need.
Equipment Loans
There's hardly a business that doesn't need some kind of equipment, and usually that represents
a substantial cost. Smart businesses also replace existing equipment when it's past its economic
usefulness, or when replacement equipment makes the bottom line better. Financing is available for
almost any type of equipment used in your business, and the terms can be arranged to match your
needs, including seasonally adjusted repayments.
Commercial Mortgage Loans
Ownership of your business quarters is often the more profitable answer to your space needs than leasing.
That's where our commercial mortgage loans come in. We can provide financing tailored to your facility
and your needs. Likewise, if remodeling or expanding existing facilities makes sense for your business,
a commercial mortgage loan can be structured for the financing.
Construction Loans
Our construction loan provides funds for the time between the start of the project and the completion of
the building, when the long-term mortgage takes over. We can help with the varying disbursement needs
and schedules of the construction process, including land purchase.
Letters of Credit
There was a time when transactions were made with a handshake and that was good enough. But today's
"handshake" sometimes takes place halfway around the world. A letter of credit protects you and lets you
do business with confidence beyond the reach of that "handshake" so you can concentrate on your business
and not worry about the payment process.
SBA Loan
The Small Business Association facilitates financing of small businesses that may be outside the realm
of traditional loan instruments, or might simply provide a better rate on more conventional loans.
Either way, if there's an advantage an SBA loan can bring to your table, we can help you use it.
Visa Corporate Credit Card
There's no reason to use your personal credit cards for business purchases and travel expenses. Corporate
credit cards give you simplified accounting and an extra measure of control over those expenditures.
Merchant Card Service
If your business accepts credit cards for purchases from the public, then you'll find our merchant card
services simple, effective, and priced right. Regardless of your credit card volume, we have a program that
lets you make those sales profitably, and account for them simply.