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Family Entrepreneurship Thrives With SBA Financing
Business LendingCase StudySmall Business

Family Entrepreneurship Thrives With SBA Financing

When the owners of a Texas traffic control company decided to retire, the company's business manager Trevor Davis and his wife, Krista, stepped up to go into business as a family. With the help of SBA financing from Byline Bank, the couple now owns and operates Redbird Barricades.

From Business Bank to Financing Partner
Business LendingCase StudySmall Business

From Business Bank to Financing Partner

Charles Nkuku bought Lehman Midtown True Value Hardware shortly after graduating from college, and he’s still the proud owner 35 years later, along with the support and partnership of Byline Bank.

Building a Business from Art and Passion
Business LendingCase StudySmall Business

Building a Business from Art and Passion

Chicago native Jorge Gonzalez needed a banking partner that was genuinely invested in his company’s journey. Though a line of credit from Byline, Jus Studios was propelled from a word-of-mouth startup to a flourishing enterprise with an expanding client base.

How an SBA Loan Turned an Idea into Reality
Business LendingCase StudySmall Business

How an SBA Loan Turned an Idea into Reality

Andrew Peontke was initially hesitant about becoming a business owner, but an SBA loan from Byline Bank empowered him to realize his entrepreneurial dream.

Empowering Dreams with Community Impact
Business LendingCase StudySmall Business

Empowering Dreams with Community Impact

Inspired by his experiences abroad and driven by a passion for providing exceptional childcare, Air Force veteran Nick Plummer wanted to establish a Spanish-immersion childcare center that aligned with his values.

Understanding HOA Loans: When and How to Secure a Community Loan
Business Lending

Understanding HOA Loans: When and How to Secure a Community Loan

Homeowners associations (HOAs) exist to keep communities thriving. Sometimes the need for major repairs and improvements requires additional financial support. Here’s what Chicagoland HOAs should know about obtaining and repaying an HOA loan.

5 min read
A Business Owner’s Guide to Franchise Financing
Business LendingBusiness Planning

A Business Owner’s Guide to Franchise Financing

If you’re seeking funding for your franchise, look for a lender who won’t put you in a box and shares your commitment to growing your business.

3 minute read
How Data and Automation Can Help With Sustainability
Business LendingMarket Trends

How Data and Automation Can Help With Sustainability

Learn how leaders are using technological advancements like artificial intelligence and automation to make their businesses more efficient and sustainable.

5 minute read
Financing Your Small Business: Conventional Loans, SBA Loans and Business Lines of Credit
Business LendingBusiness PlanningSmall Business

Financing Your Small Business: Conventional Loans, SBA Loans and Business Lines of Credit

When it comes to financing your small business, understanding the differences between conventional loans and Small Business Administration (SBA) loans is crucial. Learn the pros and cons of each option to make an informed decision for your business growth.

5 minute read
Is Factoring Right for Your Business?
Business LendingBusiness PlanningSmall Business

Is Factoring Right for Your Business?

These loans are quick, but they could eat into your long-term profitability. Find out why it's a good idea to crunch the numbers first.

5 minute read
10 Common Pitfalls Entrepreneurs Should Watch Out For
Business LendingMarket TrendsSmall Business

10 Common Pitfalls Entrepreneurs Should Watch Out For

As you’re running your business, get to know the most common errors and misjudgments that other entrepreneurs have made so you can avoid them.

4 minute read
Is a Line of Credit Right for Your Business Recession Plan?
Business LendingBusiness PlanningSmall Business

Is a Line of Credit Right for Your Business Recession Plan?

If you anticipate fluctuating cash needs, a line of credit could be a good option to consider for your business.

5 minute read

Please note that any opinions or posts expressed in these articles do not necessarily reflect the opinions of Byline Bank.