First Bankers Trust Company National Association
First Bankers Trust Company National Association is an active SBA lender in Illinois, a bank offering SBA-guaranteed small-business loans. Currently rated 4.4 stars across 92 Google reviews.
$19M
in SBA approvals since 2010
58
SBA loans funded
Medical Practices & Clinics · Restaurants & Food Service · Fitness & Recreation
Top industries financed
Source: U.S. SBA 7(a) & 504 FOIA loan-approval records (FY2010–present).
About First Bankers Trust Company National Association
First Bankers Trust Company National Association offers comprehensive SBA lending services tailored to small and medium-sized businesses seeking financial support. Whether you're looking for funding to expand, purchase equipment, or manage cash flow, this lender provides flexible loan options backed by SBA programs. Their team is dedicated to guiding clients through the application process, ensuring a smooth experience from start to finish. With a focus on personalized service, they work closely with borrowers to understand their unique needs and craft solutions that foster growth. Their SBA 7(a) program is particularly robust, supporting a wide range of business purposes with competitive terms. Located in Quincy, Illinois, they serve clients across the region, leveraging their local expertise and extensive banking resources. This institution prides itself on quick approval times and transparent fee structures, making it an excellent choice for small business owners seeking reliable financing options.
Industries First Bankers Trust Company National Association finances
Business types First Bankers Trust Company National Association actively lends to, from its SBA loan history. Tap one to see every lender serving it.
Common questions about First Bankers Trust Company National Association
What is this place and what can I find here?
This is a commercial bank that offers SBA loan programs designed to help small and medium-sized businesses access financing for growth and development. You can find information about their loan options, application process, and support services here.
Do I need an appointment or can I walk in?
It's recommended to schedule an appointment to ensure dedicated time with a loan officer, but walk-in consultations may be available during business hours. Contact the branch in advance for the best experience.
What are the hours of operation?
The 12th & Broadway branch operates Monday through Friday, 8:30 AM to 5:00 PM for lobby service and 8:00 AM to 5:30 PM for drive-up. Please confirm with First Bankers.
Is there a fee to use this?
There are no fees to access basic information or consult with a loan officer, but specific loan applications and services may involve fees which will be disclosed during the process.
Who is this open to — anyone, or only residents/members?
This bank primarily serves clients in the Quincy area and the surrounding region, but SBA loans can be available to eligible small businesses nationwide, regardless of residency.
What minimum personal credit score does this bank look for in a guarantor?
Typically, a minimum personal credit score of 620 is required for guarantors, though higher scores improve approval chances.
How long does the traditional underwriting process take from start to close?
The underwriting process generally takes between 30 to 45 days, depending on the completeness of your application and the complexity of your financials.
Is this open on weekends?
Saturday drive-up service is available 8:00 AM to 12:00 PM. There are no lobby hours on weekends. Confirm weekend availability with First Bankers.
How do I get there and where do I park?
First Bankers Trust Company National Association is located in Illinois — see the contact card for the full address. Most bank locations offer free on-site or nearby street parking for visitors. For exact directions, the entrance, and accessible parking, use the listed address or call ahead and staff can point you to visitor spaces.
Who owns or operates this listing?
This page is an independent directory listing for First Bankers Trust Company National Association, an SBA-participating bank. It is maintained by SBA Lenders USA to help borrowers compare lenders — not by First Bankers Trust Company National Association itself, which runs its own lending under its own ownership. If you work at First Bankers Trust Company National Association, you can claim this listing from this page to manage it.
How current is the information on this page?
The core details for First Bankers Trust Company National Association — name, location, contact, and lender type — are compiled from public records and reviewed periodically. Rates, programs, credit policies, and hours change often and are not guaranteed here, so always confirm the latest terms directly with First Bankers Trust Company National Association before applying. If you represent First Bankers Trust Company National Association, claim this listing to keep its information up to date.
How do I contact this listing directly?
You can reach First Bankers Trust Company National Association by phone at (217) 228-8010 or online at firstbankers.com — the details are in the contact card on this page. For SBA loans specifically, ask for their business lending or SBA department. Treat this directory page as a starting point and confirm hours and contact details with First Bankers Trust Company National Association before relying on them.
What core industries does this commercial bank traditionally choose to finance?
Based on its approved SBA loans, First Bankers Trust Company National Association most often finances businesses in restaurants & food service and fitness & recreation. This reflects First Bankers Trust Company National Association's real SBA 7(a) and 504 lending history rather than a stated policy — it can still consider other industries and sets its own current preferences, so confirm with First Bankers Trust Company National Association which sectors it actively lends to before you apply.
Can I apply for an SBA Express line of credit at this branch?
SBA Express offers lines of credit and term loans up to $500,000 with a faster turnaround than standard 7(a) loans. Whether First Bankers Trust Company National Association participates in SBA Express depends on its specific SBA lending authority. Contact First Bankers Trust Company National Association and ask if it offers SBA Express and what the current limits and terms look like for your situation.
Does this bank have Preferred Lender Provider status with the government?
SBA Preferred Lender Program (PLP) status lets a lender approve loans in-house without sending each one to the SBA first, which usually means faster decisions. Many established banks hold PLP status, but it varies by institution. First Bankers Trust Company National Association can confirm its current PLP standing — ask before you apply if speed matters to you.
Are start-up companies eligible for financing at this traditional institution?
The SBA does fund start-ups, but many traditional lenders prefer at least two years of operating history and may ask newer ventures for a larger equity injection or stronger collateral. First Bankers Trust Company National Association's appetite for start-ups is set by its own credit policy. If you are early-stage or pre-revenue, ask First Bankers Trust Company National Association directly whether it considers start-up loans.
What are the typical down payment expectations for commercial real estate acquisitions?
For SBA 7(a) and 504 commercial real estate loans, borrowers typically contribute around 10% to 20% as a down payment or equity injection, depending on the property and the deal. Exact requirements vary with your credit, the business, and the lender's policy. Ask First Bankers Trust Company National Association what down payment it expects for your specific commercial real estate purchase.
Does this bank impose prepayment penalties on short-term working capital facilities?
SBA 7(a) loans with terms under 15 years generally carry no prepayment penalty, while longer real estate loans can have one in the early years. Short-term working capital lines often have no penalty, but terms vary by lender. Review your loan agreement and ask First Bankers Trust Company National Association to spell out any prepayment penalties before you sign.
Can I use loan proceeds from this bank to buy out an existing equity partner?
SBA loans can be used for a partner or owner buyout, including buying out an existing equity partner, when the deal is structured to meet SBA rules — for example, the remaining owner generally must stay actively involved. Approval depends on the specifics, so discuss your buyout plan with First Bankers Trust Company National Association to confirm it qualifies and how to document it.
Will historical personal bankruptcies automatically disqualify my loan application here?
A past personal bankruptcy does not automatically disqualify you from an SBA loan. Lenders look at how long ago it was discharged, the circumstances, and how your credit has recovered since. First Bankers Trust Company National Association weighs this case by case under its own policy, so be upfront about your history and ask First Bankers Trust Company National Association how it evaluates prior bankruptcies.
