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Navigating the Unique Financing Needs of Franchise Businesses as Growth Continues in 2024
Business LendingBusiness Planning

Navigating the Unique Financing Needs of Franchise Businesses as Growth Continues in 2024

Franchise growth in 2024 drives the need for tailored financing. Byline Bank offers expertise and customized solutions to support franchise success.

Build Your Minority-Owned Business
Business LendingSmall Business

Build Your Minority-Owned Business

Small businesses are the heart of our local communities and the backbone of the United States economy, accounting for anywhere between 43.5% and 50.7% of the U.S. gross domestic output (GDP) and trillions of dollars of economic activity.

What You Need to Know About Financing an Independent Pharmacy
Business LendingSmall Business

What You Need to Know About Financing an Independent Pharmacy

Owning an independent pharmacy can be challenging, but it isn’t impossible with the right preparation and lender.

Retirement Savings: Guide to Traditional and Roth IRAs
Business LendingPersonal FinancesRetirement Planning

Retirement Savings: Guide to Traditional and Roth IRAs

Traditional and Roth IRAs are another route to saving for retirement, each with unique tax considerations. Which is best for your personal retirement savings journey?

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
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

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