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Commercial Lending

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Welcome to First Bank's Loan Programs! 

We are a Chicago-based national lender that specializes in a wide range of financing opportunities, including refinancing, acquisition, bridge, and working capital lending in the commercial sector. Our focus is on providing tailored financing solutions and we pride ourselves on being creative and open-minded when exploring various business lines.

One of the key advantages of working with First Bank is that all transactions are funded on a portfolio basis, and our streamlined management team and efficient approval process enable us to execute transactions quickly and effectively, especially when unique deal aspects require the attention of experienced finance professionals.

Here are some key features and indicative deal terms of our loan program:

Loan Size

Our typical loan size ranges from $1 million to $5 million. However, we do have the capability to handle larger transactions of up to $7.0 million, and we may also consider larger deals with multiple participants.

Advance Rates

The leverage we provide depends on the specific characteristics of the transaction and the financial strength and experience of the sponsor.

Loan Types

We offer financing for a variety of properties and projects, including but not limited to:

  • Owner-Occupied Properties and related businesses across a variety of industries
  • Single Tenant Properties, including construction projects (both traditional and highly leveraged transactions are considered)
  • Apartments with a minimum occupancy of 70%
  • Manufactured Housing, including chattel financing
  • Student Housing
  • Government Services Administration (GSA) properties
  • Tax Lien Investments (up to 90% advance rates)
  • USDA-backed projects nationwide
  • SBA loans nationwide
  • Cash Surrender Value Loans
  • Equipment Financing
  • Investment lines of credit
  • TIF/Bond Monetization
  • Tax Credit financing
  • Various Investment Lines of Credit

Our goal is to provide flexible and tailored solutions to meet the unique needs of each client. If you have a financing opportunity that aligns with our loan parameters or if you require more information about our loan program, please don't hesitate to contact us. We look forward to working with you and assisting you in achieving your commercial financing goals.

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