Commercial Lines of Credit
An established funding amount for a business whereby funds can be drawn as needed.
- Payment is made based on funds used rather than complete amount available
- Credit is pre-authorized and does not need additional approval each time funds are drawn up to the limit of line
- Finance short term working capital needs
- Terms and availability are determined by the type of collateral, financial strength of business and other factors
- Subject to credit approval
Commercial Loans
Loans of varying purposes made to businesses.
- Funds available to improve cash flow management and business, and may be used for longer term needs when short term cash flow is sufficient
- Terms of loans vary by collateral, type of business, financial strength of client and projected use of funds.
Commercial Construction and Development Loans
A business loan that is secured by an interest in either residential or real estate property.
- Funding may include loans on vacant land, construction and development
- Loan terms are customized for the intended use of the land being purchased.
- Loan pricing based on financial strength of client, loan-to-value of the transaction, and the risk inherent in the project
Real Estate Loans
A business loan where funds are used to acquire, refinance or invest in real estate property.
- Custom tailored loan programs for raw land, improved vacant land, and improved property
- Loan is secured by a mortgage on the property
- Government assisted programs are available
- Financial strength of borrower, type of collateral, business history and other matters
Letters of Credit
A letter for the client’s supplier to guarantee payment of credit.
- Process resembles the loan approval process
- Terms of the letter can be custom designed to meet both client and supplier needs
- Provides low cost reserve and may avoid or defer the interest cost of financing trade purchases
- Payment to supplier is guaranteed (subject to credit approval)
American Commercial Bank & Trust offers many different lending options for your business’s needs.
Contact one of our Commercial Banking Officers for more information.
![Michael R. Batilaran](https://cdn.acbandt.com/wp-content/plugins/awsm-team/images/default-user.png)
Michael R. Batilaran
Partner/Commercial BankerLisle
Phone: 708.941.8396
mbatilaran@acbandt.com
![](https://cdn.acbandt.com/wp-content/uploads/sites/3/2020/12/Mike-Burg-500x500.jpg)
Michael Burg
Partner/Commercial BankerGoose Island Office
Phone: 312-914-7932
mburg@acbandt.com
![](https://cdn.acbandt.com/wp-content/uploads/sites/3/2020/11/Joe-Cjpg-400x500.jpg)
Joseph Chiariello
EVP/Partner/DirectorLisle Office
Phone: 847-710-2252
jchiariello@acbandt.com
![](https://cdn.acbandt.com/wp-content/uploads/sites/3/2022/02/Stephen-Clingen.jpeg)
Stephen Clingen
Partner/Commercial BankerLisle Office
Phone: 630-276-6420
sclingen@acbandt.com
![](https://cdn.acbandt.com/wp-content/uploads/sites/3/2021/04/Coffey-500x500.jpg)
Matthew E. Coffey
Partner/Commercial BankerLisle Branch
Phone 773.255.6461
mcoffey@acbandt.com
![Michael Connelly](https://cdn.acbandt.com/wp-content/uploads/sites/3/2020/11/Connelly-Michael.jpg)
Michael Connelly
Partner/Commercial BankerGoose Island Office
Phone: 312-507-1064
mconnelly@acbandt.com
![Michael Conway](https://cdn.acbandt.com/wp-content/plugins/awsm-team/images/default-user.png)
Michael Conway
Partner/Commercial BankerLisle Office
Phone: 630-730-9455
mconway@acbandt.com
![](https://cdn.acbandt.com/wp-content/uploads/sites/3/2020/11/Brett-400x500.jpg)
Brett Davis
Partner/Commercial BankerLisle Office
Phone: 815-712-8045
bdavis@acbandt.com
![](https://cdn.acbandt.com/wp-content/uploads/sites/3/2020/11/Rich-Eber-400x500.jpg)
Rich Eber
Partner/Commercial BankerGoose Island Office
Phone: 708-710-1148
reber@acbandt.com
![](https://cdn.acbandt.com/wp-content/uploads/sites/3/2023/05/Bob-G-1-500x500.jpg)
Bob Grimm
Partner/Commercial BankerSchaumburg Office
Phone: 847.274.1708
bgrimm@acbandt.com
![Travis Kensinger](https://cdn.acbandt.com/wp-content/plugins/awsm-team/images/default-user.png)
Travis Kensinger
Partner/Commercial BankerGoose Island Office
Phone:
tkensinger@acbandt.com
![David Martin](https://cdn.acbandt.com/wp-content/uploads/sites/3/2020/11/David_Martin.png)
David Martin
Partner/Commercial BankerSchaumburg Office
Phone: 815-382-9582
dmartin@acbandt.com
![](https://cdn.acbandt.com/wp-content/uploads/sites/3/2020/11/Ken-M-400x500.jpg)
Ken Michalesko
Partner/Commercial BankerGoose Island Office
Phone: 312-806-4136
kmichalesko@acbandt.com
![](https://cdn.acbandt.com/wp-content/uploads/sites/3/2024/06/Michael-Moran-002.jpeg)
Michael Moran
Partner/Commercial BankerSchaumburg Office
Phone: 773.213.7969
mmoran@acbandt.com
![](https://cdn.acbandt.com/wp-content/uploads/sites/3/2022/05/Nguyen.Tuan_-500x500.jpg)
Tuan Nguyen
Partner/Commercial BankerGoose Island
Phone: 630.450.0748
tnguyen@acbandt.com
![Christopher Paige](https://cdn.acbandt.com/wp-content/plugins/awsm-team/images/default-user.png)
Christopher Paige
Partner/Commercial BankerYorkville Office
Phone: 630-667-5225
cpaige@acbandt.com
![](https://cdn.acbandt.com/wp-content/uploads/sites/3/2020/11/Chris-P-400x500.jpg)
Chris Prestegaard
Partner/Commercial BankerSchaumburg Office
Phone: 847-612-4208
cprestegaard@acbandt.com
![](https://cdn.acbandt.com/wp-content/uploads/sites/3/2020/11/William-P-400x500.jpg)
William Provan
Partner/Commercial BankerSchaumburg Office
Phone: 847-612-3616
bprovan@acbandt.com
![](https://cdn.acbandt.com/wp-content/uploads/sites/3/2020/11/Kristin-R-400x500.jpg)
Kristen Roush
Partner/Commercial BankerLisle Office
Phone: 815-904-3684
kroush@acbandt.com
![](https://cdn.acbandt.com/wp-content/uploads/sites/3/2022/09/William-Ryan.jpg)
William D. Ryan
Partner/Commercial BankerLisle Office
Phone: 312.952.4001
wryan@acbandt.com
![](https://cdn.acbandt.com/wp-content/uploads/sites/3/2020/11/John-S-400x500.jpg)
John Scardullo
Partner/Commercial BankerLisle Office
Phone: 312-350-7719
jscardullo@acbandt.com
![](https://cdn.acbandt.com/wp-content/uploads/sites/3/2020/11/Chris-S-400x500.jpg)
Christopher Sobey
Partner/Commercial BankerSchaumburg Office
Phone: 224-629-8742
csobey@acbandt.com
![](https://cdn.acbandt.com/wp-content/uploads/sites/3/2020/11/Jon-S-400x500.jpg)
Jon Spoerry
Partner/Commercial BankerSchaumburg Office
Phone: 224-422-0929
jspoerry@acbandt.com
![](https://cdn.acbandt.com/wp-content/uploads/sites/3/2020/11/Dean-S-400x500.jpg)
Dean Stork
Partner/Commerical BankerSchaumburg Office
Phone: 847-772-2568
dstork@acbandt.com
![](https://cdn.acbandt.com/wp-content/uploads/sites/3/2020/11/Eric-W-400x500.jpg)
Eric Wilkins
Partner/Commercial BankerGoose Island Office
Phone: 630-956-6260
ewilkins@acbandt.com
![Nicholas Yerkes](https://cdn.acbandt.com/wp-content/plugins/awsm-team/images/default-user.png)
Nicholas Yerkes
Partner/Commercial BankerLisle Office
Phone: 708.705.1127
nyerkes@acbandt.com