TrustBank

This is a community-focused bank offering SBA loan programs and financial services designed to support small businesses in the region. You can find personalized assistance, expert guidance, and flexible financing options tailored to your business needs. The bank specializes in SBA 7A loans, helping entrepreneurs access capital for growth, real estate, and equipment purchases.

It's recommended to schedule an appointment to ensure dedicated time with a loan specialist, but walk-in consultations may also be available during business hours. Contact the branch in advance to confirm availability and prepare your documentation.

The branch operates from 9:00 AM to 5:00 PM, Monday through Friday. It's advisable to call ahead to confirm hours or to schedule an appointment outside regular hours if needed.

There are no fees for initial consultations or inquiries. Fees associated with SBA loans, such as application and guarantee fees, are disclosed upfront during the loan process.

This bank primarily serves local residents and small business owners within the region. Business eligibility depends on meeting SBA program requirements and creditworthiness.

A minimum personal credit score of 640 is generally recommended, but creditworthiness, collateral, and business performance are also important factors in the approval process.

The underwriting process typically takes between 30 to 60 days, depending on the complexity of the loan and the completeness of your application and documentation.

Most banks keep weekday business hours and are closed on weekends, and TrustBank typically follows the same pattern. SBA lending staff are generally reachable Monday through Friday. A few locations offer Saturday or by-appointment hours, so call TrustBank to confirm current weekend availability before you go.

TrustBank 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.

This page is an independent directory listing for TrustBank, an SBA-participating bank. It is maintained by SBA Lenders USA to help borrowers compare lenders — not by TrustBank itself, which runs its own lending under its own ownership. If you work at TrustBank, you can claim this listing from this page to manage it.

The core details for TrustBank — 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 TrustBank before applying. If you represent TrustBank, claim this listing to keep its information up to date.

You can reach TrustBank by phone at (618) 395-4311 or online at trustbank.net — 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 TrustBank before relying on them.

Like most SBA lenders, TrustBank can finance a broad range of small businesses — common categories include professional services, healthcare practices, restaurants and franchises, retail, light manufacturing, and commercial real estate. Each bank sets its own industry preferences and may avoid sectors it considers higher risk. Ask TrustBank directly which industries it actively lends to before you apply.

SBA Express offers lines of credit and term loans up to $500,000 with a faster turnaround than standard 7(a) loans. Whether TrustBank participates in SBA Express depends on its specific SBA lending authority. Contact TrustBank and ask if it offers SBA Express and what the current limits and terms look like for your situation.

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. TrustBank can confirm its current PLP standing — ask before you apply if speed matters to you.

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. TrustBank's appetite for start-ups is set by its own credit policy. If you are early-stage or pre-revenue, ask TrustBank directly whether it considers start-up loans.

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 TrustBank what down payment it expects for your specific commercial real estate purchase.

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 TrustBank to spell out any prepayment penalties before you sign.

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 TrustBank to confirm it qualifies and how to document it.

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. TrustBank weighs this case by case under its own policy, so be upfront about your history and ask TrustBank how it evaluates prior bankruptcies.