Welcome to the re-designed American Commercial Bank & Trust website. You can continue to log in to online banking by clicking on the Login button and choosing the appropriate platform. If you have any questions regarding the re-designed website please feel free to contact your banker. Thank you for your continued support.
Welcome to the re-designed American Commercial Bank & Trust website. You can continue to log in to online banking by clicking on the Login button and choosing the appropriate platform. If you have any questions regarding the re-designed website please feel free to contact your banker. Thank you for your continued support.

Competitive Loan Options for our Commercial Clients

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 Burg

Michael Burg

Partner/Commercial Banker

Schaumburg Office

mburg@acbandt.com

 

Joseph Chiariello

Joseph Chiariello

Partner/Director

Lisle Office
Phone: 847-710-2252
jchiariello@acbandt.com

Michael Connelly

Michael Connelly

Partner/Commercial Banker

Schaumburg Office
Phone: 312-507-1064
mconnelly@acbandt.com

Michael Conway

Michael Conway

Partner/Commercial Banker

Lisle Office
Phone: 630-730-9455
mconway@acbandt.com

Brett Davis

Brett Davis

Partner/Commercial Banker

Lisle Office
Phone: 815-712-8045
bdavis@acbandt.com

Rich Eber

Rich Eber

Partner/Commercial Banker

Lisle Office
Phone: 708-710-7793
reber@acbandt.com

Robert W. Eber

Robert W. Eber

Partner/Commercial Banker

Schaumburg Office
Phone: 312-882-1016
beber@acbandt.com

Thomas E. Hall

Thomas E. Hall

Partner/Commercial Banker

Lisle Office
Phone: 312-987-7779
thall@acbandt.com

Steven Homrich

Steven Homrich

Partner/Commercial Banker

Lisle Office
Phone: 773-681-6658
shomrich@acbandt.com

David Martin

David Martin

Partner/Commercial Banker

Schaumburg Office
Phone: 815-382-9582
dmartin@acbandt.com

Ken Michalesko

Ken Michalesko

Partner/Commercial Banker

Schaumburg Office
Phone: 312-806-4136
kmichalesko@acbandt.com

Chris Prestegaard

Chris Prestegaard

Partner/Commercial Banker

Schaumburg Office
Phone: 847-612-4208
cprestegaard@acbandt.com

William Provan

William Provan

Partner/Commercial Banker

Schaumburg Office
Phone: 847-612-3616
bprovan@acbandt.com

Kristen Roush

Kristen Roush

Partner/Commercial Banker

Lisle Office
Phone: 815-904-3684
kroush@acbandt.com

John Scardullo

John Scardullo

Partner/Commercial Banker

Lisle Office
Phone: 312-350-7719
jscardullo@acbandt.com

Christopher Sobey

Christopher Sobey

Partner/Commercial Banker

Schaumburg Office
Phone: 224-629-8742
csobey@acbandt.com

Jon Spoerry

Jon Spoerry

Partner/Commercial Banker

Schaumburg Office
Phone: 224-422-0929
jspoerry@acbandt.com

Tom Stanton

Tom Stanton

Partner/Commercial Banker

Lisle Office
Phone: 708-227-8490
tstanton@acbandt.com

Dean Stork

Dean Stork

Partner/Commerical Banker

Schaumburg Office
Phone: 847-772-2568
dstork@acbandt.com

Eric Wilkins

Eric Wilkins

Partner/Commercial Banker

Schaumburg Office
Phone: 630-956-6260
ewilkins@acbandt.com