Banking for the Construction Industry
Construction companies require significant capital to fund their operations, from the purchase of materials to labor and equipment costs. Construction projects also often involve a substantial amount of upfront spending to get underway, creating an ebb and flow of spending and income. As a contractor, builder, or developer, you need a bank that can provide the financing solutions to keep your business solvent and always moving forward.
As a client-focused bank, we will work with you to match your unique plans and goals with the banking tools you need to fulfill them. From construction business bank accounts that can handle high transaction volumes, to lines of credit to help manage cash flow, our experienced team at American Community Bank & Trust can help you navigate day-to-day financial needs as well as your long-term vision for your company.
We’re different from a “big” bank.
- Our number one priority is a long-term relationship with you. We still meet face-to-face and we enjoy getting to know you.
- In banking, timing is everything. We are highly responsive and access to decision makers is a top priority.
- We offer creative solutions and guide you through decisions as if your business was our own.
- We offer personalized service in a timely and urgent manner. We still have real people answering our phones during business hours!
Learn more about our commercial products:
- Commercial Loans: Lines of Credit, Commercial Real Estate Loans, Construction Loans, and Term Loans
- Commercial Deposit Accounts with Online and Mobile Banking to manage your day-to-day finances
- Business Credit Cards with no fee for additional employee cards
About the Illinois Construction Industry
There are hundreds of construction companies operating in the Chicago area, ranging from large multinational firms to smaller, locally-owned businesses. These firms take on the demand for new housing, industrial development, and infrastructure improvement to help keep Chicago a vibrant city and our region a national hub for industry and commerce.
By providing access to capital and helping companies manage cash flow through construction business financing, American Community Bank & Trust plays a crucial role in helping construction firms to undertake large-scale projects and continue to grow their enterprises.
