Bank Mergers and The Effects They Have

If you work in or around the Banking industry, it seems a day doesn’t pass when there isn’t gossip of another potential Bank merger. However, that gossip has started turning into reality the past three years, as Bank merger activity has heated up. The Chicagoland marketplace was once dominated by small community banks, and an abundance of mid-sized regional banks.  But the number of Banks are dwindling quickly as the mid-sized banks get acquired by even larger regional or national banks, and the community banks continue to get swallowed up by large regional and other local banks. 

Recent Success Stories 

Church & Retail Property Refinance - $5.1 million to refinance a combination Church and associated retail property under a conventional Bank loan.

Veterinary Clinic Expansion - $1.83 million construction loan to refinance existing debt and provide construction financing for 90% of the total project cost to expand an existing veterinary clinic.  We also had an SBA 504 loan in place to take-out the project when complete and provide long-term fixed rate financing.

Business Acquisition Financing for a Technology Company - $4.5 million in financing for a leveraged buy-out of a technology company via the SBA 7A loan program, with only 5% in required equity capital injected into the transaction from the Buyer.  

New Lending Programs

At Commercial Lending X, we have programs to fit just about any financing need.   

Whether you need conventional bank financing, SBA financing, access to the CMBS, Fannie Mae & Freddie Mac multi-family loan programs, factoring, specialty equipment finance, or a bridge loan, we have sources to meet your needs.  With over 200 funding partners, we can bring just about any solution to the table.